Republicans released a modified health care bill yesterday which would replace the Affordable Care Act. The House of Representatives will vote on the bill is Thursday – exactly seven years to the day after President Obama signed the act. As federal legislators continue to work on this robust legislation, there are a few items on OCBC’s wish list that encourage lawmakers to consider that would both protect the workforce and eliminate barriers to economic growth. First, the health insurance, medical device and prescription medications taxes should be eliminated. Second, there should be limitations on contributions to health savings accounts and flexible spending accounts, as well as the penalties associated with the employer mandate.
In addition to these modifications of existing law, there are a few items that OCBC wanted to see out of the ACA in 2010, and would like to continue to advocate for in the new legislation, including an investment in medical malpractice reforms, increased Medicaid reimbursements for physicians, combating fraud in the health-care system, and allowing those who buy insurance on “insurance exchanges” to participate in health savings accounts. For more information, contact Alicia Berhow
, Vice President, Workforce Development and Advocacy.