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Employee-benefits attorney urges operators to ‘pay attention’ in wake of president’s ACA directives
President Donald Trump’s health insurance directives on Thursday may impact restaurant owners and operators, but the extent and timing remain clouded, one employee benefits expert says.
“There is nothing to do in the short term but to pay attention,” said Jeff Smith (left), partner in the Cleveland, Ohio, employee benefits practice of the Fisher Phillips law firm in an interview Friday, after Trump on Thursday issued the directives aimed at unraveling the Affordable Care Act, also known as Obamacare.
In two separate moves, Trump halted $7 billion in subsidy payments to insurers selling Obamacare coverage that help insurers reduce their out-of-pocket costs for lower-income customers, and earlier in the day signed an executive order that se...
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