With the election only 5 weeks away, all eyes are on Colorado and the ballot initiative – Amendment 69 – that would amend Colorado’s Constitution, gut the state’s current healthcare system, and replace it with “ColoradoCare” – an ambiguous framework of a state-run health insurer.
The Council applauded today the introduction of H.R.6159. The legislation is a critical step to clarifying that property/casualty insurance premiums are irrelevant to tax evasion and should not be included as part of the Foreign Account Tax Compliance Act (FATCA). If signed into law, the bill would ease a projected $500 million compliance burden that does nothing to further FATCA’s goals to combat tax evasion.
On July 21, the U.S. Department of Justice filed lawsuits challenging the proposed mergers between both Anthem/Cigna, and Aetna/Humana.
Late last night, the Department of Labor (DOL) announced a final rule that raises the minimum salary threshold required to qualify for the Fair Labor Standards Act’s “white collar exemption” to $47,476 per year ($913 per week), substantially greater than the yearly salary of $23,660 ($455 per week) contained in current regulations. DOL expects the final rule to extend overtime protections to nearly 4.2 million white collar workers within the first year of its implementation.
The U.S. House of Representatives voted overwhelmingly today to pass the Flood Insurance Market Parity and Modernization Act, H.R. 2901, by an indisputably strong, bipartisan vote of 419-0.
The Internal Revenue Service extended the due dates yesterday for 2015 ACA information reporting by insurers and self-insured employers.
Repealing the 40% excise tax on “generous” employer sponsored health insurance plans is The Council’s top legislative priority, and we’re now asking for your help
Living up to his pledge to “clean out the barn” before handing his gavel to Rep. Paul Ryan, Speaker John Boehner and other congressional leaders have struck a deal to raise the debt ceiling and fund the government through March 2017, which would make this the last major piece of budget policy in the Obama presidency.
Today, the EEOC released a proposed rule and interpretive guidance on multiple issues related to employer wellness programs’ compliance with Title I of the Americans with Disabilities Act (“ADA”).
Zenefits’ ability to conduct business in Utah has captured headlines for a year now. After back-and-forth petitioning, lawmakers in Utah yesterday reversed its ban on the company’s business model.
