On May 5, 2017, the Internal Revenue Service (IRS) released Revenue Procedure 2017-37 to announce the inflation-adjusted limits for health savings accounts (HSAs) and high deductible health plans (HDHPs) for 2018.
On May 4, 2017, members of the U.S. House of Representatives voted 217-213 to pass the American Health Care Act (AHCA), after it had been amended several times. The AHCA is the proposed legislation to repeal and replace the Affordable Care Act (ACA).
The AHCA needed 216 votes to pass in the House. Ultimately, it passed on a party-line vote, with 217 Republicans and no Democrats voting in favor of the legislation. The AHCA will only need a simple majority vote in the Senate to pass.
If it passes both the House and the Senate, the AHCA would then go to President Donald Trump to be signed into law.
The U.S. Court of Appeals for the 7th Circuit has ruled that Title VII of the Civil Rights Act (Title VII) prohibits employment discrimination based on sexual orientation. The decision in Hively v. Ivy Tech, issued on April 4, 2017, makes it illegal to use an individual’s sexual orientation as a basis for employment decisions. The ruling applies to employers with 15 or more employees in Wisconsin, Illinois and Indiana.
The health plan that offers is called a self-funded health plan. You need to know how this type of health plan works, and what it means for the way you receive health care benefits.
Last week, Axial was proud to participate in the National Association of Community Health Centers 2017 Policy & Issues Forum in Washington DC last week. As well as visits to members of congress the forum included presentations from key note speakers :
- Federal Updates: Jim Macrae, MA, MPP, Acting Administrator, Health Resources and Services Administration, U.S. Department of Health and Human Services
- Tom Daschle (D-SD),former Secretary of Health and Human Services and former Governor of Utah Mike Leavitt (R-UT) present health centers as “one health care solution that can help us achieve a high-performing, high quality, and cost-efficient health care system.”
Here is a great piece written by a good friend, Tim Gibson, regarding avaliable supplememtal disability plans for employers. I am a believer that this type of employee benefiit program can help bolster up older more outdated group disability programs at no cost.
Have you considered offering supplemental disability plans?
Axial Benefits hosted another webcast for 45 local companies regarding Healthcare Purchasing Coalitions.
Here is the replay if you missed it
House Committees Release ACA Replacement Bills
On March 6, 2017, Republican leadership in the U.S. House of Representatives issued two bills to repeal and replace the Affordable Care Act (ACA) through the budget reconciliation process. These bills, which were issued by the Ways and Means Committee and the Energy and Commerce Committee, are collectively known as the American Health Care Act.