Navigation Links
SPBA Joins 50-Plus Organizations to Provide U.S. Senate with Input on Health Care Reform
Date:6/20/2017

As part of an effort coordinated by more than 50 wide-ranging industry organizations across the nation, the Society of Professional Benefit Administrators (SPBA) has provided input to the U.S. Senate on health care reform.

The group has shared a letter with Sens. Mitch McConnell (R - KY), Charles E. Schumer (D - NY) and all other Senate members. This correspondence provides legislators with rationale for avoiding any actions that could destabilize the employer-sponsored health care system, and emphasizes eliminating the “Cadillac Tax,” avoiding the implementation of any new taxes on employer-sponsored health coverage and discarding employer mandate penalties.

“Employers are the largest source of health benefits throughout the United States as they provide upwards of 177 million Americans with coverage,” explained Anne Lennan, SPBA president. “This collective effort has been organized to give employers a voice behind the need to avoid any taxes that will further raise the costs of member health coverage and corresponding care.”

SPBA and the participating organizations have taken this action as the Senate is in the process of drafting legislation to repeal and replace the Patient Protection and Affordable Care Act (ACA).

The group has also asked the Senate to consider repealing other ACA taxes that have led to price increases, including those on fully-insured health plans, brand-name pharmaceutical products and medical devices. Among other points addressed in the letter to the Senators, several relate to the structure of health savings accounts (HSAs) and flexible spending arrangements (FSAs). They include:

  • Linking the annual HSA contribution limit to the out-of-pocket maximum limit
  • Establishing a grace period between the HSA-qualified plan enrollment and establishment of an HSA
  • Eliminating the cap on FSAs

“A huge cross-section of American workers and their families currently rely on employer-sponsored health benefits,” Lennan said. “To see these benefits get taxed or have them otherwise eroded would push our country in the wrong direction in terms of affordable health care.”

Among the organizations involved are the American Benefits Council, Corporate Health Care Coalition, Small Business Council of America, Society for Human Resource Management (SHRM) and U.S. Chamber of Commerce. For a full list of the 55 participants, read the letter here.

SPBA is the national association of Third Party Administration (TPA) firms that manage client employee benefit plans. It is estimated that over 70% of U.S. workers and their dependents in non-federal health coverage are in plans administered by TPAs. The clients of TPA firms include every size and format of employment, including large and small employers, state/county/city plans, union, non-union, collectively bargained multiemployer plans, as well as most industries and professions.

Read the full story at http://www.prweb.com/releases/2017/06/prweb14441194.htm.


'/>"/>
Source: PRWeb
Copyright©2017 Vocus, Inc.
All rights reserved


Related medicine news :

1. Food Industry Joins Regulatory Officials in Joint Training at IFPTI
2. Salar Joins Medical Informatics Experts to Judge AMIA’s First Ever Student Design Challenge: Reinventing Clinical Documentation
3. Dr. James S. Gyurke Joins ImPACT®
4. Forbes Living Joins the Direct Response Marketing Alliance
5. Executive Medicine of Texas Joins Forever Health Physician Network; Forever Health’s National Spokesperson is Suzanne Somers
6. Mayo Clinic in Arizona Joins Major Health Systems in the Healthier Hospitals Initiative
7. Senior Financial Executive Joins vcfo in Seattle
8. Pier Park Joins Terracycle’s National Effort to Collect and Recycle Cigarette Waste
9. Charlie Thomas, DC Entrepreneur and Investor, Joins Ostendio's Advisory Board
10. Paul Coviello Joins U.S. Preventive Medicine Board of Directors
11. Neuro-Oncology Pioneer Who Defined Standard of Care for Brain and Spinal Tumors Joins Capital Institute for Neurosciences
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/13/2019)... ... 2019 , ... Hard money lenders like Monroe Funding Corporation are able to ... be provided quickly. If the documentation and collateral are immediately available, it’s possible to ... federal oversight involved with a traditional lender, which allows loans to be customized and ...
(Date:6/13/2019)... ... 13, 2019 , ... Clinical Ink , a global clinical trial technology ... Jonathan Andrus , chief business officer at Clinical Ink, has been invited to be ... Policy on July 1, 2019, in Washington, D.C. The workshop, convened under a ...
(Date:6/13/2019)... ... June 13, 2019 , ... This month, the National ... Schadewald as the newest members of its board. Prior to their appointment as ... The NICA Advisory Committee is comprised of senior leadership members at some of ...
(Date:6/12/2019)... Conn. (PRWEB) , ... June 12, 2019 , ... ... therapeutic for people living with diabetes is pleased to announce that LaurieAnn Scher, ... American Association of Diabetes Educators (CT AADE) Diabetes Educator of the Year 2019, ...
(Date:6/12/2019)... YORK (PRWEB) , ... June 12, 2019 , ... ... travel management companies headquartered in the U.S., today announced that its Chairman and ... highest annual honor. The award was presented last Wednesday evening at New York ...
Breaking Medicine News(10 mins):
(Date:6/11/2019)... ... June 11, 2019 , ... The National Comprehensive Cancer ... Order Templates ( NCCN Templates ®) into the CureMD Oncology EHR to allow ... Clinical Practice Guidelines in Oncology (NCCN Guidelines®). , “The collaboration with CureMD advances ...
(Date:6/11/2019)... (PRWEB) , ... June 11, 2019 , ... ... Contract Development and Manufacturing Organization (CDMO) serving the global biopharmaceutical and biotechnology industries ... Wei Chen, Ph.D as the company's new Chief Executive Officer (CEO). Dr Chen ...
(Date:6/6/2019)... ... June 06, 2019 , ... DocASAP , ... was selected as the “Best Patient Registration and Scheduling Software” winner in the ... administration platforms and products in the healthcare industry. , “DocASAP is honored ...
Breaking Medicine Technology: