NAM Promotes Provisions of ACA “Repeal & Replace”

The National Association of Manufacturers (NAM) sent this letter to the U.S. House of Representatives outlining support for key provisions of H. Res. 154, The Budget Reconciliation Legislative Recommendations to Repeal and Replace Obamacare.

The NAM wrote: “Manufacturers strongly support reducing the burden of the employer mandate and repeal of the medical device tax, the 3.8 percent net investment tax, the health insurance tax and the innovation tax. Although the Cadillac tax is delayed until 2025, manufacturers are hopeful that this onerous tax can be fully repealed as the legislative process proceeds. In addition, we are pleased that the package did not modify the tax treatment for employer-sponsored health care.”

Additionally, there are ACA-related regulations that need to be modified to lessen the burden on employers. To address this, David Farr, Chairman of the NAM board of directors and Jay Timmons, President and CEO of the NAM, sent this letter to Health and Human Services Secretary Tom PriceĀ outlining specific regulatory changes that would ease the administrative burden and costs on employers. Ā 3/30/2017