As House and Senate leaders struggle to find common ground on healthcare reform legislation, employer groups are working to ensure that retiree drug subsidies and federal safeguards under the Employee Retirement Income Security Act (ERISA) do not get lost in the shuffle.
While a conference committee usually reconciles differences in bills, the Congress is expected this time to act informally to forge a compromise health reform bill. As recently as Jan. 5, House Speaker Nancy Pelosi (D-Calif.) said lawmakers were "very close" to resolving differences between the two measures and sending a final version to President Barack Obama.
The American Benefits Council has teamed with the AFL-CIO to fight a key proposal in both the House and Senate bills that would repeal the business tax deduction for federal subsidies on most retiree prescription drug plans.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
