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North Carolina Association of Health Underwriters 

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    Federal L&L Updates

    Federal L&L news.

    Federal L&L Updates
    Greg Stancil

    August 2022 Federal L&L Update

    -The Inflation Reduction Act of 2022, formerly known as the Build Back Better Act, was passed by the Senate this weekend after a successful compromise was made with Senator Kyrsten Sinema (D-AZ). -President Biden signed an executive order Wednesday that primarily addresses the idea of individuals
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    há 2 dias
    Greg Stancil

    May 2022 Federal L&L Update

    -Late last week, the IRS released updates to the maximum annual 2023 contribution limits for Health Savings Accounts under high-deductible health plans. These adjustments, which have increased slightly from 2022, apply to both individual and family coverage. -The Senate Committee on Commerce, Scie
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    Recent Activity:
    May 09
    Greg Stancil

    February Federal L&L Update

    -CMS released the proposed 2023 Notice of Benefits and Payment Parameters earlier this month. As usual, NAHU submitted comments to CMS with some questions and concerns regarding some substantial changes the agency recommended in the proposed rule. -Supreme Court Justice Stephen Breyer off
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    Recent Activity:
    Jan 31
    Greg Stancil

    November Federal L&L Update

    -While we await further guidance from the Department of Labor, join us on Wednesday November 10 at 2:00 p.m. ET, when Stacy H. Barrow, partner at law firm Marathas Barrow Weatherhead Lent, will host a webinar on the agent and broker compensation disclosure pieces included in the Consolidated
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    Recent Activity:
    Nov 04, 2021
    Greg Stancil

    August Federal L&L Update

    -This week the Senate approved a $1 Trillion Dollar infrastructure bill that will now be sent to the house for consideration. The main aspect of the bill that is of note to our membership is a moratorium on the Prescription Drug Rebate Rule pushed out via the Trump Administration last year. That i
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    Recent Activity:
    Aug 12, 2021
    Greg Stancil

    May Federal L&L Update

    Recap of President Biden’s First 100 Days Last Thursday marked the first 100 days of President Biden’s Administration. Since the days of FDR, it has been tradition for the country mark a president’s first 100 days in office, and to reflect on what has been done. The president issued 42 executive or
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    May 06, 2021
    Greg Stancil

    February Federal L & L Update

    Senate Democrats Consider Using Reconciliation to Pass New COVID-19 Relief Lawmakers have been negotiating on provisions of the most recent $1.9 trillion COVID-19 relief bill , which would be one of the largest spending bills ever passed by Congress, for several weeks. The spending plan currently i
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    Recent Activity:
    Feb 08, 2021
    Greg Stancil

    October 2020 Federal L&L Update

    - Supreme Court Justice Ruth Bader Ginsburg died on September 18, leaving behind a rich legacy that inspired millions. Her passing leaves some important questions to be answered: Will the Senate fill the vacancy prior to the election, and what impact will her passing have on the ACA? The Senate’s fo
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    Recent Activity:
    Oct 01, 2020
    Greg Stancil

    July 2022 Federal L&L Update

    - Senate Democrats have released new drug-pricing provisions that the party is seeking to include in the Build Back Better reconciliation package. -In the wake of several high-profile mass shootings over the last few months, Congress is seeking to pass the first bipartisan bill addressing gu
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    Recent Activity:
    Jul 11
    Greg Stancil

    April 2022 Federal L&L Update

    -The Biden administration released a proposed rule this week that aims to fix the ACA’s family glitch , a regulatory inconsistency that prevents family members of employees from being eligible for ACA marketplace premium tax credits. -The Senate confirmed Ketanji Brown Jackson to the Supreme
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    Recent Activity:
    Apr 08
    Greg Stancil

    January Federal L&L Update

    - On Friday the Supreme Court heard oral arguments regarding the OSHA ETS scheduled to go into effect on 1/10/22 that would require all employers with over 100 employees to either require their employees to be vaccinated against COVID-19 or require weekly negative tests. SCOTUS is expected to rule q
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    Recent Activity:
    Jan 09
    Greg Stancil

    October Federal L&L Update

    -HHS, DOL and Treasury Department released “Part 2” of the regulations surrounding the ban on balance-billing that was included in the Consolidated Appropriations Act of 2021. This interim final rule outlines the arbitration process triggered by balance-billing claims. -Congress is stil
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    Recent Activity:
    Oct 07, 2021
    Greg Stancil

    July Federal L & L Update

    Last week the Treasury Department and CMS released a proposed rule revising the 2022 Notice of Benefit and Payment Parameters . Many provisions in this most recent proposed rule reverse changes made in the Trump-era NBPP final rule released in January. President Biden signed an "Executive Order o
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    Recent Activity:
    Jul 12, 2021
    Greg Stancil

    April Federal L&L Update

    Last month Congress voted to approve the $1.9 trillion coronavirus relief package called The American Rescue Plan. The Senate passed the bill 50-49 and it was signed into law by President Biden. Almost a year to the day after the Trump Administration provided emergency rules to extend the COBRA
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    Recent Activity:
    Apr 05, 2021
    Greg Stancil

    January Federal L&L Update

    § Just before the Christmas holiday, Congress passed a $1.4 trillion omnibus bill that included provisions on COVID-19 relief, a ban on surprise billing, disclosure of broker compensation, the ability for employees to roll over funds from Flexible Spending Accounts and more. § A U.S. District
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    Recent Activity:
    Jan 14, 2021
    Greg Stancil

    September Federal L&L Update

    As of the writing of this update (8/31/20) Congress is currently in recess and unfortunately those in the know on Capitol Hill don’t see much light at the end of the tunnel for a compromise on a final COVID-19 bill. Because of the stalemate in Congress the President has been quite busy on the regu
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    Recent Activity:
    Aug 31, 2020
    Greg Stancil

    June 2022 Federal L&L Update

    Build Back Better Reconciliation Package Talks Continue as Midterm Elections Loom on the Horizon The iteration of Build Back Better that is now being considered is expected to total $1.3 trillion, a decrease from the $1.75 trillion that the House passed. The reconciliation bill is now project
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    Recent Activity:
    Jun 06
    Greg Stancil

    March 2022 Federal L&L Update

    Congress is in this week and they are racing to pass the omnibus bill before the Friday deadline to finally fund the government. It may include a supplemental for Ukraine and COVID. NAHU is pushing for some of our initiatives discussed an Capitol Conference last week to be included in this funding.
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    Recent Activity:
    Mar 07
    Greg Stancil

    December Federal L&L Update

    - The U.S. District Courts for the Western District of Louisiana and Western District of Missouri issued nationwide injunctions on the CMS vaccine mandate for healthcare workers earlier this week. - The IRS published proposed regulations that introduce significant changes to the ACA reportin
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    Recent Activity:
    Dec 06, 2021
    Greg Stancil

    September Federal L&L Update

    -Federal agencies recently released an interim final rule , the first part of the highly anticipated regulation regarding the ban on surprise billing included in the Consolidated Appropriations Act (CAA). This week, NAHU submitted comments to the agencies on this interim final rule, seeki
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    Recent Activity:
    Sep 06, 2021
    Greg Stancil

    June Federal L&L Update

    -NAHU submitted comments to federal agencies regarding the implementation of the broker compensation disclosure law that passed at the end of 2020, where we made requests and recommendations to ease any potential burden on agents, brokers, and plan fiduciaries.  -NAHU also submitted comments
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    Recent Activity:
    Jun 07, 2021
    Greg Stancil

    March Federal L & L Update

    -NAHU hosted the 31st Annual – and first-ever virtual – Capitol Conference last week. Read our recap of the event here . -President Joe Biden’s $1.9 trillion American Rescue Act Plan of 2021 passed the senate Senate over the weekend, but not without some hurdles. It goes back to the house for
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