Taxation of Employer-Sponsored Insurance
The employer-sponsored insurance (ESI) market is the most effective system of delivering health care benefits while reducing health care costs. Adjusting the tax exemption could be catastrophic to the system.
Every business that maintains electronic data or systems is at risk of a cyberattack or data breach. The simple act of applying for insurance forces insureds to assess their intangible asset risks and the strength of their cyber defenses. This process is a critical risk mitigation tool being led by brokerage firms across the country.
National Flood Insurance Program
Members of The Council look forward to a long-term reauthorization of the NFIP in 2017 that increases private market participation, increases floor insurance take-up rates and preserves the Write Your Own program.
FATCA’s goal is to close international accounts with cash value that are being exploited to avoid U.S. taxes, but it is misguided to equally target international property/casualty insurance premium payments.
The Cadillac Tax on health plans was intended to serve as an incentive for employers to minimize costly health plans in an effort to curb healthcare spending. However, there are several issues with its estimates.
The letter asks that Treasury streamline ACA employer reporting obligations, simplify safe harbor methods for variable hour and seasonal employees and more.
The Chairman and Ranking Member of the Senate Banking Committee introduced their proposal to reauthorize the National Flood Insurance Program (NFIP) for six years.
This memo contains analysis from our legal team at Steptoe & Johnson on the Senate’s draft of the Better Care Reconciliation Act of 2017.
This ACA Reform Legislation Tracker was updated July 13, 2017 by our legal team at Steptoe & Johnson.
The Council is urging the Department of Health and Human Services to explore a number of potential cost-savings solutions to minimize the economic burden of the ACA and improve affordability, accessibility, quality, innovation and empowerment in the health care system.