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Spending Accounts and will increase the
annual HAS contribution limit to equal
the out-of-pocket limitation for higher
deductible plans as well as repealing the
annual limitation on an individual’s
contributions to an FSA.
It also eliminates the limitation that a
health FSA, HRA or HAS could only
reimburse over-the-counter medications
if prescribed by a physician. It will further
delay the 40 percent Cadillac Plan Tax
on high-cost employer-sponsored health
coverage until January 1, 2026, and repeal
the ACA’s income-based premium tax
credits and replace them with age-based,
refundable tax credits for individuals and
families who do not receive insurance
through work or a government program
to use for the purchase of insurance.
We will continue to watch this legislation
as it unfolds in Washington and advocate
for the grocery industry.
On a personal note, during our
Washington trip, I received the Donald
H. MacManus Award for leadership
and dedication to the grocery industry
from the Food Marketing Institute. It
was a tremendous honor and I was very
humbled to receive it.
As I said in my comments, we as an
Association could not do what we do on
the state and federal levels without the
hard work of members.
From testifying in Committee to calling
your local representatives to supporting
our fundraisers, it is our members that
make what we do possible.
I consider this award an Association
award that gives national recognition to
the great work all of us do on behalf of
our industry in Alabama. Thank you for
allowing me to serve as your President.
“AS far as healthcarE goes, it remains to be
seen if president trump can push through
this important legislation through the U.S.
Senate.”
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ALABAMA GROCER |