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August 2017 | Issue 10

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Health Care Reform: Timeline of Events

 

In March 2017, the House Ways and Means Committee and the House Energy and Commerce Committee each released budget reconciliation bills. These pieces of legislation are part of the House Republican's American Health Care Act (AHCA), the legislation designed to repeal and replace the Affordable Care Act (ACA). This article details the acts milestones thus far. Learn More

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Possible Change to Overtime Rule

 

On May 2, 2017, the House of Representatives passed the Working Families Flexibility Act (also known as H.R. 1180). If approved, H.R. 1180 would authorize private employers to offer compensatory time off instead of overtime pay for nonexempt employees who work more than 40 hours per week. H.R. 1180 still needs approval from the Senate and the executive branch before it becomes law. Learn More

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ACA Affordability Percentages Decreasing in 2018

 

On May 5, 2017, the Internal Revenue Service (IRS) issued Revenue Procedure 2017-36 to index the contribution percentages in 2018 for purposes of determining affordability of an employer's plan under the Affordable Care Act (ACA). Learn More

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SHOP Exchanges to End Online Enrollment

 

On May 15, 2017, the Centers for Medicare and Medicaid Services (CMS) announced significant changes to the Small Business Health Options Program (SHOP) Exchanges under the Affordable Care Act (ACA). CMS plans to issue regulations implementing this changes, effective Jan. 1, 2018. Learn More

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Brady, Chapman, Holland & Associates, Inc.

victoria.kidwiler@bch-insurance.com | www.bch-insurance.com

10055 West Gulf Bank | Houston, TX 77040 | 713.688.1500

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Copyright 2015. All Rights Reserved.

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