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Compliance Alert: Trump Administration Releases Executive Order on ACA

10/18/2017 | ProSential Group

This alert addresses the actions taken by the Trump administration last Thursday. First, the Executive Order calling for the expanded availability of association health plans, short-term insurance plans, and health reimbursement arrangements (HRAs). It also covers the President's announcement that the government will no longer be reimbursing insurance carriers for cost-sharing reduction (CSR) payments made in connection with Marketplace plans. The Executive Order has no immediate effect as it simply directs other agencies to begin drafting rules; however, the cessation of cost-sharing reduction payments is effective immediately and will halt the upcoming October 18, 2017 payment unless a court intervenes or Congress appropriates the funding.

Click here for the full HR & Benefits Compliance Alert