On January 22, 2018, President Trump signed H.R. 195: Extension of Continuing Appropriations Act, 2018, which is a short-term spending bill that re-opened the federal government after a three-day shutdown. As discussed below, the bill:
- Extends the Children’s Health Insurance Program (CHIP) for six years, through the fiscal year 2023;
- Extends the existing suspensions of the Affordable Care Act’s (ACA) medical device excise tax through 2019 and the tax on high-cost employer-sponsored health coverage (the “Cadillac Tax”) through 2021; and
- Suspends the annual fee on health insurance providers for 2019.