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.
This ACA Reform Legislation Tracker was updated Oct. 18, 2017 by our legal team at Steptoe & Johnson.
Draft text of a bipartisan deal struck by Senators Lamar Alexander (R-TN) and Patty Murray (D-WA) was released this week.
This new legislation would streamline employer reporting requirements under the ACA.
The bill would reorient FIO as an internationally focused body (removing FIO’s authority/role with respect to domestic policy formulation) and would enhance the role of state regulators in all FIO functions.
A group of trade associations and business organizations—including The Council—sent a letter to leaders of the U.S. Senate in support of language that would allow consumers the choice of government or private flood insurance coverage.