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From the category archives: GA-HealthCare Taxes
GA-HealthCare Taxes
On Sept. 12, the U.S. Department of Labor and the Internal Revenue Service will hold a webcast providing employers with compliance assistance on the joint final rule on health reimbursement arrangements.
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On May 28, as part of the Partnership for the Employer-Sponsored Coverage, ABC signed on to a letter to the U.S. House Energy and Commerce Committee supporting legislation to combat surprise billing in health care and providing key insight on the committee’s draft proposals.
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On Feb. 28, ABC, as a member of the Partnership for Employer-sponsored Coverage, sent a letter to Sen. Lamar Alexander, chairman of the Health, Education, Labor and Pensions Committee, providing recommendations on how to address America’s rising health care costs.
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ABC urged the U.S. House of Representatives to pass two bills that would modernize vital health care programs and provide much-needed relief to small businesses and their employees, designating them as key votes for its scorecard on the 115th Congress on July 23.
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On July 11, the U.S. House Ways and Means Committee held a full committee markup of numerous health care bills aimed at expanding access to health savings accounts (HSAs) and lowering health care premiums for American employers and employees.
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On April 27, the Internal Revenue Service issued guidance on providing relief for certain small businesses that wish to claim the Small Business Health Care Tax Credit for 2017 and later years.
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On Jan. 22, President Trump signed a stopgap spending bill (H.R.195) to end the government shutdown and fund government operations through Feb. 8. Included in the bill was a suspension for 2019 of the health insurance tax (HIT) on providers included in the Patient Protection and Affordable Care Act.
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During the early hours of July 28, Senators Susan Collins (R-Maine), John McCain (R-Ariz.) and Lisa Murkowski (Alaska) voted “no” on the Senate Republican’s “skinny repeal” proposal, a scaled-back version of previously supported Senate Republican Affordable Care Act (ACA) repeal bills, which failed by a vote of 49 to 51. If the vote on final passage had been successful, it would likely have triggered a conference committee with the House of Representatives whereby the chambers would have tried to resolve their legislative differences. Senate Majority Leader Mitch McConnell’s (R-Ky.Y) statement on the failed vote can be read here.
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On June 22, the U.S. Senate issued the Better Care Reconciliation Act of 2017, a substitute to the House-passed American Health Care Act (AHCA), which would repeal and replace several provisions of the Affordable Care Act. The Senate bill was slated for a vote this week; however, on June 27 Senate Majority Leader Mitch McConnell (R-Ky.) delayed the vote until after the July 4 recess due to a lack of support for passage.
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On May 24, the Congressional Budget Office (CBO) released a report with estimates
on the costs and
overall effect of H.R. 1628, the American Health Care Act. This is the third report to come from the CBO since the bill was introduced in March. If the U.S. Senate passes the bill in its current form, the CBO estimates that the bill would reduce the federal deficit by $119 billion between 2017 and 2026 – $32 billion less than the original bill would have reduced.
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