The Washington Report
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April 13, 2022
Note to Subscribers
While we do our best to provide timely updates, it is possible that the information shared in the newsletter may change after our publication deadline.
Executive/Legislative
President Biden Signs EO on Improving Access to Health Coverage
On April 5, 2022, President Biden signed Executive Order (EO) 14070 (Continuing to Strengthen Americans’ Access to Affordable, Quality Health Coverage). The new EO expands upon a previous EO from January 2021 (14009 - Strengthening Medicaid and the Affordable Care Act). The latest EO discusses the policy changes and actions that have been implemented to date, methods for expanding access to affordable health insurance, as well as the proposed regulations that were released on April 4, which would fix the “family glitch” in eligibility for Exchange subsidies.
The April 2022 EO 14070 (Continuing to Strengthen Americans’ Access to Affordable, Quality Health Coverage) is available here.
The January 2021 EO 14009 (Strengthening Medicaid and the Affordable Care Act) is available here.
For additional information on the April 4 proposed regulations, please refer to the Aon bulletin, Biden Administration Proposes Regulations Fixing “Family Glitch” in Eligibility for Exchange Subsidies, in the Publications Section of this newsletter.
Congress Adjourned for Spring Recess
Congress has adjourned for spring recess. The chambers are scheduled to return to the Hill the week of April 25.
Aon Publications
Biden Administration Proposes Regulations Fixing “Family Glitch” in Eligibility for Exchange Subsidies
On April 4, 2022, the Biden Administration proposed new regulations that would expand the rules on eligibility for premium tax credits when individuals who have not been offered “affordable coverage” from an employer purchase health care coverage from a public health insurance Exchange. The proposed regulations, if adopted in final form, would revise the definition of “affordable coverage” to include the cost of family coverage offered by an employer.
This Aon bulletin addresses the following:
- Background on the existing requirements;
- What the proposed regulations would do;
- Employer impact; and
- Next steps.
The bulletin is available here.