Later On

From the Washington Post:

Within a year

– Provides a $250 rebate to Medicare prescription drug plan beneficiaries whose initial benefits run out.

90 days after enactment

– Provides immediate access to high-risk pools for people who have no insurance because of preexisting conditions.

Six months after enactment

– Bars insurers from denying people coverage when they get sick.

– Bars insurers from denying coverage to children who have preexisting conditions.

– Bars insurers from imposing lifetime caps on coverage.

– Requires insurers to allow young people to stay on their parents’ policies until age 26.

2011

– Requires individual and small group market insurance plans to spend 80 percent of premium dollars on medical services. Large group plans would have to spend at least 85 percent.

2013

– Increases the Medicare payroll tax and expands it to dividend, interest, and other unearned income for singles earning more than $200,000 and joint filers making more than $250,000.

2014

– Provides subsidies for families earning up to 400 percent of the poverty level — or, under current guidelines, about $88,000 a year — to purchase health insurance.

– Requires most employers to provide coverage or face penalties.

– Requires most people to obtain coverage or face penalties.

2018

– Imposes a 40 percent excise tax on high-end insurance policies.

By 2019

– Expands health insurance coverage to 32 million people.