In July 2010, some of the first money allocated by the new health care reform law will start flowing to states that have elected to participate in the federal temporary high-risk insurance pool program.
Read More Federal funding for Temporary High-Risk Insurance Pool Program to Begin Summer 2010
Federal Legislative Developments
Healthcare News from Capitol Hill and the Department of Health and Human Services – June 1, 2010
By Troutman Pepper Locke on
In late May, the Centers for Medicare and Medicaid Services (CMS) released a supplemental proposed rule that would result in Medicare payment reductions to hospitals. Meanwhile, questions have begun to arise over the future of the Medicare Payment Advisory Commission (MedPAC), given the upcoming inception of the Independent Payment Advisory Board (IPAB) that was created by the new healthcare overhaul law (Public Law 111-148 and 111-152). …
Read More Healthcare News from Capitol Hill and the Department of Health and Human Services – June 1, 2010
Senate Expected to Wrap Up Debate on Financial Reform Bill
By Troutman Pepper Locke on
Posted in Federal Legislative Developments
After more than two weeks of floor consideration, the Senate entered into what is likely its final week of debate on its financial overhaul legislation – S. 3217.
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Read More Senate Expected to Wrap Up Debate on Financial Reform Bill
Healthcare News From Capitol Hill and the Department of Health and Human Services – May 3, 2010
By Troutman Pepper Locke on
The past two weeks brought several notable healthcare developments, as the Department of Health and Human Services (HHS) continued preparations for implementation of the new healthcare reform law – Public Law (PL) 111-148. …
Read More Healthcare News From Capitol Hill and the Department of Health and Human Services – May 3, 2010
Last Week in DC: News From Capitol Hill and the Department of Health and Human Services – April 19, 2010
By Troutman Pepper Locke on
After weeks of uncertainty, Congress finally cleared a federal program extension bill last week that will prevent Medicare physician payment cuts. …
Read More Last Week in DC: News From Capitol Hill and the Department of Health and Human Services – April 19, 2010
Tax Treatment of Carried Interest Could Be Revived in Senate
By Troutman Pepper Locke on
Posted in Federal Legislative Developments, United States
Though the Senate passed its Tax Extenders legislation in mid-March without including House language to change the tax treatment of the “carried interest” income of investment managers, the issue may receive a second look in the coming weeks.
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Read More Tax Treatment of Carried Interest Could Be Revived in Senate
Last Week in DC: The Healthcare Reform Debate – April 6, 2010
By Troutman Pepper Locke on
As Members of Congress returned home last week to discuss the new healthcare reform law with their constituents, President Obama put the finishing touches on the process by signing a package of healthcare corrections into law. Meanwhile, Health and Human Services (HHS) Secretary Kathleen Sebelius wasted no time in announcing her department’s intent to clarify potentially confusing language in the new law. …
Read More Last Week in DC: The Healthcare Reform Debate – April 6, 2010
Last Week in DC: The Healthcare Reform Debate – March 29, 2010
By Troutman Pepper Locke on
Healthcare reform’s long and often bumpy journey through Congress came to a close last week, as President Obama signed into law the 2,000+ page legislation that will overhaul the nation’s healthcare system. Simultaneously, the Senate worked to clear a package of corrections to the new law via the budget reconciliation process, changing it ever so slightly and sending it back to the House for one final vote.
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Read More Last Week in DC: The Healthcare Reform Debate – March 29, 2010
Senate Tees Up Financial Regulatory Reform Following Healthcare Victory
By Troutman Pepper Locke on
Posted in Federal Legislative Developments, United States
Top lawmakers met with President Obama Wednesday in order to regain momentum on financial regulatory reform legislation in Congress. Following the meeting, Senate Banking, Housing and Urban Affairs Chairman Christopher Dodd (D-CT) and House Financial Services Chairman Barney Frank (D-MA) expressed confidence that the Senate would soon act – perhaps by Memorial Day – on the financial reform bill that was approved by the Banking Committee on a party line vote on Monday.
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Read More Senate Tees Up Financial Regulatory Reform Following Healthcare Victory
Last Week in DC: The Healthcare Reform Debate – March 22, 2010
By Troutman Pepper Locke on
After another week of fine tuning and vote counting, House leaders released the final text of their healthcare bill on Thursday, in addition to official cost estimates from the Congressional Budget Office (CBO). These steps set the wheels in motion for a weekend vote on the measure, and after a frenzied race to secure the necessary 216 votes for passage, the House approved its final healthcare reform efforts in a historic Sunday night vote. …
Read More Last Week in DC: The Healthcare Reform Debate – March 22, 2010