Posted on December 30, 2019 by admin
I want to wish you and your families a healthy, safe and Happy New Year!
I also wish you prosperity, but unfortunately, with 2019 coming to an end, once again new taxes will be going into effect on January 1, 2020.
These new taxes, which I adamantly opposed when they came up for debate earlier in the year, include:
New legislation effective dates are typically January 1st, July 1st, and October 1st throughout the calendar year. These new laws may have an impact on you, your business, or our community. I have highlighted some other noteworthy new laws below and encourage you to take a look at the full list, which can be accessed by clicking here.
An Act Concerning Mental Health and Substance Abuse Disorder
An Act Concerning Alzheimer’s Disease and Dementia Training and Best Practices
This new law requires certain health care professionals who provide primary care or emergency treatment for adults to receive training in recognizing the signs and symptoms of Alzheimer’s disease and dementia and to establish a working group to develop recommendations on improving the care of Alzheimer’s disease and dementia patients. To review the full summary, click here.
An Act Concerning Prescription Drug Costs
This new law, originally passed in 2018, requires greater reporting requirements on pharmacy benefits managers, health carriers, pharmaceutical manufacturers, the Office of Health Strategy and the Insurance Department concerning prescription drug rebates and the cost of prescription drugs. To review the full summary, click here.
Please pass this information along to those who may benefit from knowing what to expect in the New Year in the State of Connecticut.