For employers who want to attract and retain the best talent, a robust benefits package is a must. But with political shifts and changing compliance burdens, keeping up with benefits requirements is a daunting task.
First and foremost, employers are concerned about the future of the Affordable Care Act (ACA). Two recent proposals by two Committees of the U.S. House of Representatives (collectively referred to as the “American Health Care Act” or AHCA) have materially advanced the effort. The particulars of the AHCA are explained in a recent Mintz Employment Matters blog post. Public and political reaction to the AHCA is mixed, and there is no guarantee that it will make its way to law. Medicaid and the subject of tax subsidies to help low-income individuals are two particularly troubling (but not the only) sticking points—on both sides of the political aisle.