Thursday night, the Senate passed its fiscal 2018 budget on a 51-49 vote. This action now paves the way for the tax overhaul process to begin. A significant difference between the Senate-passed bill and the one sent over by the House is the amount the national debut can be raised by tax cuts. The Senate version would allow debt [...]
Great news on a long-term policy priority for the Indiana Chamber! Introduced this week: A bill to delay the implementation of the Affordable Care Act’s Health Insurance Tax (HIT) until 2020 and to make the fees tax-deductible. As things currently stand, the tax would come into effect in early 2018 and bring with it increased health care costs. Senator [...]
A bipartisan agreement has been reached in the Senate to help stabilize health care markets – from Senate Health, Education, Labor and Pensions Committee Chairman Sen. Lamar Alexander (R-TN) and ranking member Sen. Patty Murray (D-WA). Among other things, the Alexander-Murray agreement would: fund cost-sharing reduction payments, which help lower consumers’ deductibles and co-pays, for two years; broaden the [...]
(INDIANAPOLIS) — Hoosiers can get a sneak peek about the upcoming General Assembly session at the Indiana Chamber Legislative Preview on November 20. The annual event, sponsored by Ice Miller, will feature legislative caucus leaders in a question and answer session on how they see the upcoming session playing out. The Indiana Chamber will also reveal its top pro-jobs, [...]
President Donald Trump signed an executive order Thursday in what was called the first steps in reforming the U.S. health care system. The executive order has three major directives. First, it directs the Secretary of Labor to consider expanding access to association health plans (AHPs). Second, it directs the Departments of the Treasury, Labor and Health and Human Services [...]
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