Earned Retiree Healthcare Benefits Protection Act of 2011

HR 1322

Client expense: Not reported · Firm income: $18,750

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 1322 - Earned Retiree Healthcare Benefits Act

Client expense: Not reported · Firm income: $18,750

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R.1322, Earned Retiree Healthcare Benefits Protection Act of 2011 S. 267, Lifetime Income Disclosure Act (requiring plan sponsors to include the annuity equivalent of the participants 401(k) balance) S. 1020, Savings Enhancement by Alleviating Leakage in 401(k) Savings (SEALS) Act of 2011 (restricts certain activities in retirement plans that encourage participants to use savings before retirement) H.R. 567/S. 347, Public Employee Pension Transparency Act (requiring greater disclosure of the funding status of state and local government retirement plans) The Pension Protection Act of 2006 --reform of funding rules for employer-provided retirement plans and amendments to the Employee Retirement Income Security Act of 1974. Work on regulatory activity relating to cash balance plans and notice requirements. Regulatory activity relating to: cash balance plans; notice requirements; Multiemployer Plan Accounting - the Financial Accounting Standards Board proposes to require multiemployer plan sponsors to include additional disclosures on their financial statements; definition of a Fiduciary - the Department of Labor proposes amend the definition of a fiduciary under ERISA to more broadly define the circumstances under which a person or entity is considered to be a fiduciary when giving investment advice to an employee benefit plan or a plan's participants; electronic disclosure of benefit notices; stable value funds; issues relating to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; PBGC Premiums - the Administration and Congress are discussing changes to the structure and amount of premiums that defined benefit plan sponsors must pay to the Pension Benefit Guaranty Corporation; reform to tax incentives pertaining to private retirement plans Daniel Hillenbrand - Covered Official Positions: Intern - Office of Congressman John Kline

H.R. 1322 - Earned Retiree Healthcare Benefits Act

Client expense: Not reported · Firm income: $18,750

Government targets: HOUSE OF REPRESENTATIVES, SENATE, White House Office

HR 1322 - Earned Retiree Healthcare Benefits Act

Client expense: Not reported · Firm income: $18,750

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 1322, protecting retiree earned healthcare benefits

Client expense: Not reported · Firm income: $18,750

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1322, Earned Retiree Healthcare Benefits Protection Act of 2011 H.R. 2, Repealing the Job-Killing Health Care Law Act H.R. 5, Help Efficient, Accessible, Low-cost, Timely Healthcare (HEALTH) Act of 2011 H.R. 436, Protect Medical Innovation Act of 2011 H.R. 4 / S. 72 / S. 18, Small Business Paperwork Mandate Elimination Act of 2011 S. 312 / H.R. 605, Patients Freedom to Choose Act S. 20, American Job Protection Act S. 17, Medical Device Access and Innovation Protection Act S. 223, FAA Air Transportation Modernization and Safety Improvement Act, including the McConnell and Stabenow amendments to repeal P.L. 111-148, Patient Protection and Affordable Care Act S. 493, SBIR/STTR Reauthorization Act of 2011, including the Johanns and Hutchinson amendments Potential legislation similar to the following: P.L. 111-148, Patient Protection and Affordable Care Act H.R. 4872, Health Care and Education Affordability Reconciliation Act of 2010 (P.L. 111-152), specifically issues related to the regulatory process and legislative corrections S. 510 FDA Food Safety Modernization Act, including issues related to 1099 reporting H.R. 4853 Middle Class Tax Act of 2010 H.R. 5853, Fiscal Responsibility and Retirement Security Act H.R. 4626, Health Insurance Fair Competition Act Education Affordability Reconciliation Act of 2010 Anticipated legislation not yet introduced: Comprehensive health reform and all aspects relating to coverage, financing, delivery reform, 1099 reporting, grandfathering, HSA and FSA changes, CMS claims database, IPAB, CLASS program, and employer mandate Filed comments and met with relevant agencies on regulations implementing health care reform (P.L. 111-148 and 111-152) Regulations commented on include: Medical Loss Ratio (MLR) Request for Information, see 75 Fed. Reg. 19,297(April 14, 2010) Adult Child Coverage (Age 26) Interim Final Rule, see 75 Fed. Reg. 34,538 (May 13, 2010) Grandfathered Plan Status Interim Final Rule, see 75 Fed. Reg. 34,538-70 (June 17, 2010) Preexisting Condition Exclusion, Lifetime & Annual Limits, Rescissions, Patient Protections Interim Final Rule, see 75 Fed. Reg. 37,18837,241 (June 28, 2010) Preventive Services Coverage Interim Final Rule, see 75 Fed. Reg. 41,72660 (July 19, 2010) Internal Claims & Appeals and External Review Processes Interim Final Rule, see 75 Fed. Reg. 43,330-64 (July 23, 2010) Preexisting Condition Insurance Plan (PCIP) Interim Final Rule, see 75 Fed. Reg. 37,18837,241 (June 28, 2010) 1099 Reporting Requirements Request for Comments, see 75 Fed. Reg. at 49,828 (August 16, 2010) Planning and Establishment of State-level Exchanges Request for Comments, see 75 Fed. Reg. 45,584-90 (August 3, 2010) National Quality Plan Request For Comments, see 75 Fed. Reg. 63478 (October 15, 2010) Non-Discrimination in Favor of Highly Compensated Individuals Request for Comments, see 75 Fed. Reg. 67,975 (November 4, 2010) Essential Health Benefits (IOM Study) Amended Interim Final Rule for Grandfathered Plan Status, see 75 Fed. Reg. 34,53870 (June 17, 2010) Guidance on OTC Medicine & Definition of Medical Expenses, see 75 Fed. Reg. 80,501 (December 22, 2010) Development of Health Risk Assessment, see 75 Fed. Reg. 82400-82402 (December 30, 2010) Medical Loss Ratio, see 75 Fed. Reg. 74,864-74,934 (December 1, 2010) Rate Increase Disclosure and Review, see 75 Fed. Reg. 81,004-81,029 (December 23, 2010) Value Based Insurance Design, see 75 Fed. Reg. 81,544-81,547 (December 28, 2010) Consumer Operated and Oriented Plan Programs, see 76 Fed. Reg. 5,774-5,777 (February 2, 2011) Non-discrimination in favor of Highly Compensated Individuals (second notice), see 75 Fed. Reg. 67,975 (November 4, 2010) Various issues including: ERISA preemption, medical malpractice reform, exchanges, and flexible spending accounts and health savings accounts (specific legislation not yet introduced)