Insights | Meridian Research Group | Page 5

Tariff Litigation

The Court of International Trade (CIT) held oral arguments in VOS Selections v. Trump, a lawsuit challenging the administration's authority to unilaterally issue tariffs under the International Emergency Economic Powers Act (IEEPA). The CIT is currently weighing whether to impose a preliminary injunction on the continued implementation of those...

House Republicans will take the final and most politically complex votes on their reconciliation bill later today in the Ways and Means (W&M) Committee (TCJA, IRA clean energy credits, other tax provisions), Energy and Commerce (E&C) Committee (Medicaid, ACA, energy spending, spectrum provisions), and Agriculture Committee (food stamps/SNAP)....

Medicare Physician Reimbursement

Included in the House Energy & Commerce (E&C) Committee’s section of the reconciliation bill are reforms to reimbursements under the Medicare Part B Physician Fee Schedule (PFS). Notably, the bill does not include temporary relief from the -2.93% conversion factor cut in effect for CY25. However, the bill does include long-term reforms to PFS...

Pharmacy Benefit Managers (PBMs)

Republicans on the House Energy & Commerce (E&C) Committee have included as part of their section of the reconciliation bill various reforms regarding PBMs. Specifically, those include (1) a ban on spread pricing in the Medicaid program, (2) a prohibition on PBM compensation being based on a drug’s list price in the Medicare Part D program (so...

Affordable Care Act (ACA) Subsidies

The House Ways & Means (W&M) Committee has released the legislative text covering its portion of Republicans’ reconciliation legislation. Notably, the bill text does not include an extension of the ACA enhanced subsidies (which will expire at the end of this calendar year). However, the bill – as well as the E&C bill – includes various...

After weeks of debate, the House Energy & Commerce (E&C) Committee has released the legislative text covering its portion of Republicans’ reconciliation (tax/spending) legislation. A markup (vote) on the measure will occur later today. As previously noted, E&C faced a minimum $880b target for spending reductions, the bulk of which was expected...