There’s good news and bad news under President Trump’s new spending package, which includes the Further Consolidated Appropriations Act (“FCAA”). The good news is the FCAA has repealed the “Cadillac Tax” which was the part of the Affordable Care Act imposing a tax on high-cost coverage. Interestingly, its repeal comes before employers were even required to comply given the unpopular tax was previously delayed until 2022. More good news is that the budget legislation also repealed, effective 2021, the annual fee on health insurance providers. The repeal of this fee, which health care reform had imposed on certain entities engaged in the business of providing health insurance with respect to United States health risks, is in contrast to the extension of the PCORI fee. This is the bad news. Specifically, the Patient-Centered Outcomes Research Institute, created by health care reform, is funded in part by fees paid by health insurers and sponsors of self-insured plans. Generally, PCORI payments made in 2019 were slated to be the last. This has all changed now that the FCAA reinstated and extended the PCORI fee requirements through 2029. Most employers did not include the PCORI fee in their 2020 budget, so it is important to plan for that payment now.
- Partner
Antoinette Schindel practices in KMK Law's Employee Benefits & Executive Compensation Group. Antoinette regularly advises employers regarding Affordable Care Act (ACA) compliance issues, including health coverage and ...
- Partner
Lisa Wintersheimer Michel is the leader of the Employee Benefits & Executive Compensation Group. Her practice primarily involves all aspects of qualified retirement plans, including profit sharing plans, 401(k) plans ...
Topics/Tags
Select- Labor & Employment Law
- Labor Law
- Coronavirus
- Employment Law
- Wage & Hour
- Privacy
- National Labor Relations Board
- Department of Labor
- Reasonable Accommodation
- Workplace Accommodations
- NLRB
- FMLA
- Medical Marijuana
- Employment Litigation
- Employee Benefits and Executive Compensation
- Religion Discrimination
- Arbitration
- Workplace Violence
- Discrimination
- Pregnancy Discrimination
- Medical Cannabis Dispensaries
- IRS
- Whistleblower
- Litigation
- Disability Discrimination
- Employer Policies
- Social Media
- Americans with Disabilities Act
- United States Supreme Court
- Federal Trade Commission
- Retirement
- Race Discrimination
- OSHA
- Sexual Orientation Discrimination
- National Labor Relations Act
- Accommodation
- ERISA
- Employer Handbook
- EEOC
- ADAAA
- ACA
- Affordable Car Act
- Unions
- Title VII
- Employer Rules
- Sexual Harassment
- Technology
- Federal Arbitration Act
- NLRA
- Transgender Issues
- 401(k)
- Disability
- Employment Settlement Agreements
- Sixth Circuit
- Equal Employment Opportunity Commission
- Fair Labor Standards Act
- Paycheck Protection Program
- Securities Law
- Benefits
- Gender Identity Discrimination
- Posting Requirements
- Class Action Litigation
- Disability Law
- Preventive Care Benefits
- Health Savings Account
- E-Discovery
- Evidence
- SECURE Act
- US Department of Labor Employee Benefits Security Administration
- Environmental Law
- Family and Medical Leave Act
- Privacy Laws
- Overtime Pay
- Representative Election Regulations
- Department of Justice
- Healthcare Reform
- Older Workers' Benefit Protection Act (OWBPA)
- Telecommuting
- Affirmative Action
- Electronically Stored Information
- Equal Opportunity Clause
- Compensable Time
- Occupational Safety and Health Administration
- Security Screening
- Supreme Court
- E-Discovery Case Law
- Electronic Data Discovery
- ESI
- American Medical Association
- Attendance Policy
- Return to Work
- Seniority Rights
- Unemployment Insurance Integrity Act
- Classification
- Confidentiality
- Disability Leave
- Equal Pay
- Fair Minimum Wage
- Federal Minimum Wage
- Genetic Information Discrimination
- Media Policy
- Misclassification
- National Origin Discrimination
- Retaliation
- Social Media Content
- State Minimum Wage
- Wage Increase
- Employment Incentives
- HIRE Act
- Social Security Tax
- Taxation
- Antitrust
Recent Posts
- The Practical Employment Law Podcast: Immediate Termination
- The Practical Employment Law Podcast: Labor & Employment Law Update February 2024
- The Practical Employment Law Podcast: Telephone Game
- The Practical Employment Law Podcast: Labor & Employment Law Update January 2024
- The Practical Employment Law Podcast: Employment Law Issues to Watch in 2024
- Department of Labor Announces New Independent Contractor Rule to Go into Effect March 11, 2024
- The Practical Employment Law Podcast: The Employment Law Naughty & Nice List
- The Practical Employment Law Podcast: Reefer Madness
- The Practical Employment Law Podcast: The Office Romance Episode
- The Practical Employment Law Podcast: New Laws Protecting Pregnant and Nursing Workers