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On July 23, H.R.6199 Restoring Access to Medication and Modernizing Health Savings Accounts Act of 2018 and H.R.6311 Increasing Access to Lower Premium Plans and Expanding Health Savings Accounts Act of 2018 were approved 8-4 in a party line vote by the House Rules Committee. During the proceedings, 2 amendments were offered and both failed. Consequently, the two bills moved on to the House floor. On July 25th under a closed-rule process, the H.R.6199 vote passed with bipartisan support in a 27...
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Categories: Benefits in General, Health Care Reform, Compliance, Health Care in General | Tags: HR 6311 , HR 6199 , HSA , FSA , HRA , House , Restoring Access to Medication and Modernizing Health Savings Accounts Act of 2018 , Increasing Access to Lower Premium Plans and Expanding Health Savings Accounts Act of 2018

House Passes Tax Reform Legislation

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The House, today, by a by a vote of 227-205, passed legislation to overhaul the tax code.
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Categories: Benefits in General, Compliance | Tags: Tax Reform , Tax Cuts and Jobs Act , House

Tax Reform Proposal Updates

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The House released its tax reform proposal titled the “Tax Cuts and Jobs Act” (H.R. 1) late last week. This week the Ways and Means Committee has held a series of hearings to offer debate and amendments to the original proposed bill. As of late Thursday afternoon, the Ways and Means Committee has approved the Republican version of the bill that included Chairman’s Amendment #2 restoring some of the provision set for repeal in earlier versions.
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Categories: Benefits in General, Health Care Reform, Compliance | Tags: Tax Reform , Ways and Means , House , Tax Cut and Jobs Act

Cost-Sharing Reduction Payments to Be Discontinued

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On October, 12, 2017, the White House announced that cost-sharing reduction payments to insurance companies providing ACA Marketplace plans would be discontinued immediately.
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Categories: Health Care Reform, Health Care in General | Tags: cost-sharing reduction , Trump , Administration , white house , ObamaCare , ACA , Affordable Care Act , health insurance , exchange , marketplace , insurance
On October 12, 2017, President Donald J. Trump signed an executive order directing the Departments of Treasury, Labor and Health and Human Services to consider proposing regulations or revising guidance that would affect certain types of health insurance plans and health reimbursement arrangements.
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Categories: Health Care Reform, Health Care in General | Tags: Trump , President , Executive Order , HRA , AHP , health plan , insurance , ACA , White House , STLDI , Treasury , Labor , HHS , Health and Human Services

House Passes AHCA by Narrow Margin

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The American Health Care Act (AHCA) was passed in the House of Representatives today by a narrow margin vote of 217-213.
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Categories: Health Care Reform | Tags: AHCA , House , Health Care Reform , Congress
Employee Benefits Corporation sent three members of our Compliance team to the Employer Council on Flexible Compensation (ECFC) Annual Conference in Washington, D.C. March 8-10, 2017.
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Categories: Health Care Reform, Compliance, Health Care in General | Tags: AHCA , ACA , House , Senate , FSA , HSA , HRA , Consumer directed accounts , GOP