Norm Newmark

By Norman Newman, JD

In perhaps the most sweeping healthcare legislation ever enacted in this country, Congress passed and President Obama signed the Patient Protection and Affordable Care Act into law on March 23, 2010 (as amended by the Health Care and Education Reconciliation Act of 2010, “PPACA”). The PPACA was subsequently amended by the Health Care and Education Reconciliation Act of 2010. The new law contains many tax and other requirements for business (PL 111-148, 124 Stat. 119, as amended).

Much of the new law has yet to be written in the form of regulations, and parts (or even the whole) may be overturned or reworked by subsequent legislation in the new Congress or by court challenges. However, the following summary is intended to provide general guidance pending further legislative, regulatory and judicial action, and will hopefully be useful in advising clients to take appropriate measures in anticipation of increased regulation.

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