Flier Addresses Possible Impact of ACA “Repeal and Replace” Legislation on the NRECA Medical Plan
Some cooperatives have inquired as to the impact of the new administration’s proposed actions regarding the Affordable Care Act (ACA). To address those questions, we’ve prepared the flier, “What could the Affordable Care Act “Repeal and Replace” mean for the NRECA Medical Plan?” In addition to addressing the general effect of the legislation, the flier looks specifically at the possible impact on ACA tax reporting and the Cadillac Tax.
Please note the following messages in the flier:
- Because of the self-funded, self-administered nature of the NRECA Medical Plan, we do not foresee ACA “repeal and replace” legislation significantly impacting the operation of our plan
- Until “repeal and replace” legislation is enacted, the NRECA Medical Plan and co-ops must remain in compliance with all requirements of the ACA, including tax reporting
- Whether the ACA is repealed in full or part, NRECA will continue to represent the best interest of all co-ops by engaging federal policymakers to preserve co-ops’ ability to continue to offer affordable, flexible and comprehensive health insurance benefits to co-op workers and their families
If you have questions about the ACA, contact your field representative. You also can contact the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop to be directed to someone who can assist you.
