One of President Donald Trump’s first activities after he was sworn into office on January 20th was to issue an Executive Order “MINIMIZING THE ECONOMIC BURDEN OF THE PATIENT PROTECTION AND AFFORDABLE CARE ACT PENDING REPEAL.” The order charges departments and agencies associated with the enforcement of the Affordable Care Act (ACA) to ease the burden of the ACA during the transition to repeal and replace.
Employers are not specifically enumerated in the list of those being protected from fiscal burdens, and experts note employers should continue with business as usual for now.
Steve Wojcik, vice president of public policy at the National Business Group on Health said that, from an employer’s perspective, “every regulation they need to comply with, they still need to until they hear differently.”
“In terms of specifics, nothing changes now, and it makes it clear that some changes may take longer than others because of the regulatory process to revise existing regulations,” Wojcik noted.
The Gaudreau Group will continue to keep you informed as changes occur. Helping you stay up-to-date on important developments in the Health Care and Employee Benefits landscape is just one of the many Employer Benefit Services we provide to our clients.