[Congressional Record Volume 162, Number 95 (Wednesday, June 15, 2016)]
[Senate]
[Page S3985]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
By Mr. GRASSLEY (for himself, Ms. Heitkamp, Mr. Portman, Mr.
Vitter, Mr. Gardner, Mr. Roberts, Mr. Isakson, Mr. Johnson, Mr.
Bennet, and Mr. Coons):
S. 3060. A bill to provide an exception from certain group health
plan requirements for qualified small employer health reimbursement
arrangements; to the Committee on Finance.
Mr. GRASSLEY. Mr. President, for much of this Congress, I have been
working on a bipartisan basis to correct a little understood provision
in the Affordable Care Act, ACA, that punishes small businesses for
attempting to help their employees purchase individual insurance.
That is right, this provision actually punishes businesses that want
to do the right thing and help their employees obtain health insurance
coverage.
This is a result of so-called market reforms in the ACA, which based
on IRS guidance generally prohibit employers from reimbursing their
employees for the cost of health insurance the employee purchases on
the individual market. An employer who does do this faces a $100 a day
per employee penalty.
This fails to meet the common sense test, particularly when it comes
to farmers, ranchers, and small business owners who frequently do not
have the resources to offer a traditional group health plan to their
employees.
These businesses have no obligation under the ACA to offer any form
of insurance. However, they would like to do what they can to help
their employees obtain coverage. This is a practice that should be
commended, not penalized.
This is why last June 1 introduced the Small Business Health Care
Relief Act with Senator Heitkamp. Under our bill, small businesses
would once again be able to do something many have done for years.
Namely, reimburse their employees on a pre-tax basis for the purchase
of health insurance on the individual market.
Since introduction, Senator Heitkamp and I have been working, along
with Congressman Boustany and Thompson in the House, with the Joint
Committee on Taxation and Treasury to get feedback on our bill to
ensure it works as intended.
I am pleased today to see that this hard work is starting to bear
fruit. The Ways and Means Committee marked up and favorably reported to
the full House a slightly revised version of our bill with bipartisan
support.
In hopes of continuing this momentum, Senator Heitkamp and I are
reintroducing this revised version of the Small Business Health Care
Relief Act in the Senate today.
This new version mainly makes improvements to the bill to ensure the
bill will work as intended. Further, in order to address cost concerns,
the bill imposes a generous limit on the amount an employer may provide
to their employee to purchase individual insurance. This limit is set
at $5,130 for individuals and $10,260 for a family. These amounts are
indexed for inflation going forward.
I am pleased that our bill continues to have strong support from the
small business community, including the National Association of Home
Builders, the National Association for the Self-Employed, the National
Federation of Independent Business, the Council for Affordable Health
Coverage, the American Farm Bureau, and many more.
This legislation should be a no brainer for anyone who supports small
business. I hope with today's action in the Ways and Means Committee,
it is only a matter of time before this legislation becomes law. I urge
all my colleagues to work with Senator Heitkamp and me to see to it
that this becomes a reality.
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