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The Senate's Health, Education, Labor and Pensions Committee passes The Affordable Health Choices Act. The bipartisan bill includes more than 160 Republican amendments accepted during the month-long mark-up, one of the longest in congressional history.
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President Obama signed the Affordable Care Act into law, putting in place comprehensive reforms that improve access to affordable health coverage for everyone and protect consumers from abusive insurance company practices.
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An annual flat fee starting at $2.5 billion in 2011, increasing to $4.1 billion by 2018 and $2.8 billion in 2019 and thereafter on the branded pharmaceutical manufacturing sector.
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Long term care insurance program starts; it will reimburse some cost of home and nursing home care.
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The Supreme Court rendered a final decision to uphold the health care law. (Affordable Care Act)
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3.8% surcharge would be imposed on investment income for individuals making over $200,000 and couples making over $250,000. This tax increase is estimated to bring in $210 billion between 2013 and 2019.
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Medicaid expanded to cover low-income people up to 133% of the federal poverty line, or $29,300 for a family of four.
