In This Issue:

Leading the News; Implementation of the Affordable Care Act; Other HHS and Federal Regulatory Initiatives; Other Health Care News; Hearings and Mark-Ups Scheduled.

Excerpt from Leading the News:

Obama Administration Threatens Veto for No Subsidies Without Verification Act -

On September 11th, the House of Representatives passed H.R. 2775, the No Subsidies Without Verification Act, in a partisan vote of 228 to 195. The bill would require the Department of Health and Human Services (HHS) to verify an individual’s reported income before providing them tax credits or subsidies under the Affordable Care Act (ACA). The White House announced that President Obama would veto H.R. 2775, saying the aim of the bill was already being accomplished as part of the ACA and the bill itself would only create more delays. The day before the legislation passed the House, the Congressional Budget Office (CBO) released a report that was uncertain of the effects of the legislation as HHS is already implementing a program to verify household income, and since it should be operational by January 1, 2014, tax credits and subsidies should be made available on schedule.

Please see full issue below for more information.

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Topics:  Affordable Care Act, Congressional Budget Office, Deadlines, Healthcare Reform, HHS

Published In: Elections & Politics Updates, Health Updates, Insurance Updates, Labor & Employment Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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