by ME&W | May 14, 2014 | Health Law, Industry News, Simpson, Kathryn Lease
by Kathryn Simpson Implementation of the Patient Protection and Affordable Health Care Act (PPAHCA) continues. Effective January 1, 2013, there are several financial and revenue raising provisions that become effective that may affect you, personally and as an employer. These include: 1. Itemized Deductions for Medical Expenses Threshold The PPAHCA increases the threshold for itemized deductions for unreimbursed medical expenses from 7.5% of adjusted gross income to 10% of adjusted gross income. This provision waives...