블로그

Tax Alert: The future of the Affordable Care Act after the Midterm Elections

As a result of last week’s midterm elections, in which the Republicans expanded their Senate majority and the Democrats took the majority in the House, there has been much speculation about what will or will not occur when Congress convenes in January. In considering the impacts of the elections on the Affordable Care Act (ACA), major changes to the law are highly unlikely. The newly Democrat-controlled House would probably not progress any anti-ACA bills, and the new partisan divide that the midterm elections created in Congress likely solidifies the existing state of the major ACA provisions for the foreseeable future.

Because any adjustments to the law would need bipartisan support, they would most likely be to the law’s more minor provisions, that such as delaying the implementation of the “Cadillac Tax” on expensive employer-sponsored health plans or simplifying employer reporting requirements. A Bill (H.R. 5155) introduced in March by three Democratic Reps (Richard Neal (MA), Frank Pallone (NJ), and Bobby Scott (VA)) proposes expanding upon the ACA’s infrastructure to develop new federal assistance channels and attempts to reverse some of the previously implemented Republican efforts to undermine the law. This bill, with some minor adjustments, may appeal to some Republicans, and will likely be a starting place for the House Democrats to attempt to use their majority control to further solidify the ACA. We will be keeping an eye on the bill and on all ACA-related legislation.

If you have any questions about the impact of the midterm elections, or any other ACA topic, please contact your First Advantage account manager or your legal counsel. First Advantage has been offering ACA compliance and reporting services since the inception of ACA, and we will continue to keep clients informed of any ACA changes.

이 콘텐츠는 정보 제공 목적으로만 제공됩니다. 퍼스트 어드밴티지는 법률 회사가 아니며, 본 콘텐츠는 법률 자문으로 여겨지지 않으며 그러한 의도가 없습니다. 또한, 본 콘텐츠가 가장 최신 법률 또는 기타 정보를 반영하지 않을 수도 있습니다.

자신의 특정 상황에 대해 법률 자문을 받기 위해서는 별도의 법률 전문가와 상담하시기 바랍니다.

본 콘텐츠의 정보에 근거하여 어떠한 행동을 하거나 하지 않는 것은 독자 또는 사용자의 책임입니다. 개별 변호사나 법률 자문만이 본 콘텐츠에 포함된 정보와 그 해석이 사용자의 특정 상황에 적절한지에 대한 여부를 보장할 수 있습니다. 본 콘텐츠의 사용 및 접근은 독자 또는 사용자가 퍼스트 어드밴티지와 변호사-의뢰인 관계를 형성하는 것이 아님을 안내 드립니다.