When it comes to the Patient Protection and Affordable Care Act (PPACA), both candidates running for president have said what they plan to do with it, but that might be easier said than done. In years to come, the health care law could see some changes based on who wins the election, according to health policy experts. President Barack Obama has vowed to implement the law, but fiscal concerns and public opinion could prompt him to revamp some of the law. Gov. Mitt Romney has said he will repeal the law, but there is a chance he won’t have the support in Congress to do it. Consequently, Romney could choke funding and give states wide latitude to implement the law.
The IRS still has the authority to impose fines on nonfilers.
Insurers have may defenses. One problem: The bad guys know about the defenses.
The law affects access to policy loans for insureds who are getting LTC-related accelerated death benefits.
Sponsored by LPL Financial
Get an in-depth look at how you can lock in future value through proven tactics that will grow your bottom line.
Sponsored by Smarsh
Many companies today are making the move to Office 365. Find out whether it’s the right move for your firm.
Don’t miss crucial news and insights you need to make informed investment advisory decisions. Join ThinkAdvisor.com now!
- Free unlimited access to ThinkAdvisor.com which provides advisors, like you, with comprehensive coverage of the products, services and trends necessary to guide your clients in making critical wealth, health and life decisions.
- Exclusive discounts on ALM and ThinkAdvisor events.
- Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.