NSBA Weighs-in on Senate Health BillMay 24, 2017
Following House passage of the American Health Care Act of 2017 (AHCA, H.R. 1628) the Senate has been working to craft their own legislation to address the Affordable Care Act (ACA). Specifically, Senate Finance Committee Chairman Orrin Hatch (R-Utah) urged stakeholders to weigh-in on ACA and possible reform proposals by May 23. NSBA submitted a detailed letter yesterday outlining the key priorities for small business in any health care reform package.
NSBA is urging the Senate to seek a broad reform of the current health care system with a goal of reducing the cost of coverage, providing universal access, focusing on individual responsibility and empowerment, creating of the right market-based incentives, and a relentless focus on improving quality while driving out unnecessary, wasteful and harmful care.
Among the key priorities NSBA has outlined in its calls for reform: an end to the employer mandate; eliminate onerous taxes such as the Health Insurance Tax (HIT) and Cadillac tax; maintain the employer deduction for health insurance; expand Health Savings Accounts (HSAs) and Flexible Spending Accounts (FSAs); and increase the current three-to-one ratio cap for premiums to a five-to-one ratio.
In the letter, NSBA President and CEO Todd McCracken also highlighted the need to address the underlying drivers of health care costs, stating: “A key reason health care costs are so high is because health care prices are often hidden—most patients and their physicians have little to no idea how much each procedure, medication, or hospital stay actually costs—which hinders market competition and keeps patients and their health care providers from making fully informed decisions.”
Please click here to read the full letter.