Ways & Means Expands Health Benefit Options, Increases Flexibilities for Small Business Workers
Workers and small businesses would get more flexibility and choice in their health insurance benefits under six bills adopted by the
"At Ways and Means hearings across America, small business owners have shared that they cannot find workers to fill open positions. These bills will help small businesses attract and retain workers by giving them the option to provide more health benefit choices for their employees. As a result, American workers will get more options and relief from the exploding cost of health care due to
The CHOICE Arrangement Act
Introduced by Rep.
* Combats labor shortage by allowing small businesses to provide more flexible health benefit options for employees.
* Allows employers to better budget for expenses while forgoing the complex process of choosing and managing a health insurance plan.
* Gives small businesses the freedom to focus on serving their customers and employees.
* 87 percent of small businesses report wanting another way to help their employees get health insurance without offering a traditional group plan.
* 80 percent of individuals would prefer a monthly contribution from their employer to purchase their own health plan.
READ: ONE PAGER: The CHOICE Arrangement Act (https://gop-waysandmeans.house.gov/wp-content/uploads/2023/06/HR-3799-Hern.pdf)
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The Small Business Flexibility Act
Introduced by Rep.
* Small businesses currently have access to a variety of tax-advantaged health benefit policies.
* 70 percent of small businesses do not know of the various flexible health insurance opportunities available to them.
READ: ONE PAGER - The Small Business Flexibility Act (https://gop-waysandmeans.house.gov/wp-content/uploads/2023/06/HR-3798-Tenney.pdf)
* * *
The Chronic Disease Flexible Coverage Act
Introduced by Rep.
* Lowers health care costs for families living with chronic health conditions.
* Six in ten Americans live with at least one chronic disease such as heart disease, cancer, or diabetes.
* Allows for pre-deductible coverage of services like beta-blockers for patients with congestive heart failure, blood pressure monitors for patients with high blood pressure, glucometers for patients with diabetes, inhalers for patients with asthma, cholesterol drugs and testing for patients with heart disease.
READ: ONE PAGER - The Chronic Disease Flexible Coverage Act (https://gop-waysandmeans.house.gov/wp-content/uploads/2023/06/HR-3800-Wenstrup-Blumenauer.pdf)
* * *
The Telehealth Expansion Act of 2023
Introduced by Rep.
* Lowers health care costs for families by expanding pre-deductible telehealth flexibilities for businesses that offer high-deductible health plans.
* Makes it easier for Americans living in rural communities to talk to their doctor.
* 76 percent of employers want
READ: ONE PAGER - The Telehealth Expansion Act (https://gop-waysandmeans.house.gov/wp-content/uploads/2023/06/HR-1843-Steel-A-Smith.pdf)
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The Paperwork Burden Reduction Act
Introduced by Chairman
* Ends the requirement that employers continue to mail both forms 1095-B and 1095-C to employees to prove compliance with the Affordable Care Act's no longer existent individual health care mandate
* Codifies the
READ: ONE PAGER - The Paperwork Burden Reduction Act (https://gop-waysandmeans.house.gov/wp-content/uploads/2023/06/HR-3797-Chairman-Smith-Panetta.pdf)
* * *
The Employer Reporting Improvement Act
Introduced by Rep.
* Provides employees with flexibility with the personal information provided for employees, spouses, and children.
* Provides employers with relief by extending the appeal window for a potential penalty to no sooner than 90 days to reduce burden on employers, especially small businesses with limited resources.
* Reins in
READ: ONE PAGER - The Employer Reporting Improvement Act (https://gop-waysandmeans.house.gov/wp-content/uploads/2023/06/HR-3801-Smith-Thompson.pdf)
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Original text here: https://waysandmeans.house.gov/ways-and-means-expands-health-benefit-options-increases-flexibilities-for-small-business-workers/
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