The Expanded Adoption Tax Credit: Strengthening Families
October 05 2010
A new webcast from the Department of Health and Human Services highlights the Adoption Tax Credit, one of many ways the Affordable Care Act is strengthening America’s families.
The Affordable Care Act raises the maximum adoption credit to $13,170 per child, up from $12,150 in 2009. It also makes the credit refundable, meaning that the money is yours, whether or not you owe taxes for that year.
Watch the full webcast and learn how the Adoption Tax Credit helps children, builds families and strengthens communities.
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“Under new plans, no child under age 19 will be denied coverage for a pre-existing conditions, period. Adults who have been without insurance for six months and who have been unable to obtain insurance because of a pre-existing condition, can apply for coverage under the Pre-Existing Condition Insurance Plan (PCIP).”
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Insurers can no longer cut someone after the fact.
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New screening procedures are now in place for health care providers to eliminate fraud and waste in the health care system.
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Medicare Part D enrollees who hit the Medicare prescription drug benefit gap in 2010 will automatically receive a $250 rebate check.
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Effective immediately, qualified small employers get tax credits of up to 35% of premiums for offering coverage.
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America’s new health care law makes it easier for you to find the quality, affordable health care that you and your family need.
