Executive Order on the ACA
posted by TrueNorth Employee Benefits on Monday, January 30, 2017
On January 20, 2017, President Donald Trump signed an executive order addressing the Affordable Care Act (ACA), as his first act as president. The order states that it is intended "to minimize the unwarranted economic and regulatory burdens" of the ACA until the law can be repealed and eventually replaced.
The executive order broadly directs the Department of Health and Human Services (HHS) and other federal agencies to waive, delay or grant exemptions from ACA requirements that may impose a financial burden.
Action Steps
An executive order is a broad policy directive that is used to establish how laws will be enforced by the administration. It does not include specific guidance regarding any particular ACA requirement or provision and does not change any existing regulations.
As a result, the executive order's specific impact will remain largely unclear until the new administration is fully in place and can begin implementing these changes. If you or your family have questions regarding this reform, please contact our team of specialists at TrueNorth. Additionally, If you are an owner operator or independent contractor in the transportation industry, our TrueChoices team is available to assist you with making these important last-minute decisions.
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Important Dates
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January 20, 2017 | President Trump signed an executive order on his first day as president.
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January 27, 2017 | Targeted deadline for Congress to draft a budget reconciliation bill that includes ACA repeal provisions.
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January 31, 2017 | Today is the last day to enroll for 2017 coverage under the Affordable Care Act. Coverage is scheduled to start March 1, 2017.
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TrueNorth offers businesses of every size comprehensive solutions to meet their business needs and those of their employees. If you are in need of business solutions and are looking for ways to protect and maximize your workforce, look to TrueNorth. Our Employee Benefits Division can assist you in providing for the well-being of both you and your staff. Call us today at 1-800-798-4080.
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