While much of the Consolidated Appropriations Act of 2021 addresses issues directly related to the COVID-19 pandemic, the law also contains many sections covering other health policy issues.
One of the many components of the Consolidated Appropriations Act of 2021 is the "No Surprises Act." This section of the new law does not directly address COVID-19 economic relief, but instead gets at a longstanding health policy concern, the issue of "surprise" balance billing.
The new economic stimulus measure expands and improves upon the Paycheck Protection Program and the Employee Retention Tax Credit, which are helping companies continue to employ and pay their employees through the economic downturn, including by offsetting employee benefit costs.
The Consolidated Appropriations Act of 2020 (CAA) was signed into law by President Trump on December 27, 2020. Among many other things, this law creates the option for employers to provide COVID-19 relief to both health and dependent care flexible spending arrangement account holders for 2021.
The Consolidated Appropriations Act of 2020 (CAA) was signed into law by President Trump on December 27, 2020. Here's what employers and benefits advisors should know.
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