The U.S. Chamber of Commerce sees healthcare reform as a deeply flawed law, and it’s going to do its part to see that it gets changed.
Sitting squarely in the Chamber’s crosshairs:
- the 2014 employer mandate to provide coverage or pay a penalty, and
- the 2018 excise tax on high-value (“Cadillac”) health plans.
Getting those mandates of the Patient Protection and Affordable Care Act repealed are two of the Chamber’s top priorities, announced Randy Johnson, the Chamber of Commerce’s senior vice president for labor and employee benefits.
The announcement was made at a recent panel discussion at the National Business Coalition on Health’s 2010 annual conference in Washington, D.C., according to a report from the Society for Human Resource Management.
Two of the other initiatives Johnson said the Chamber is planning:
- Repealing the 2011 tax form 1099 requirement pertaining to all vendor transactions above $600.
- Repealing the 2011 exclusions on purchasing non-prescribed, over-the-counter meds with flexible spending account and health savings account money.
Johnson also said the Chamber could “possibly” look into changing the 2012 requirement imposed on employers to report the value of employee health benefits on individual W-2 forms.
