AGD Capitol Connections

The Competitive Health Insurance Reform Act (H.R. 1418) was signed into law on January 13. The law repeals the antiquated McCarran-Ferguson antitrust exemption granted to the health insurance industry decades ago.

President Biden released high-level details of his COVID-19 vaccination plan on January 15, following public remarks (written) that came a day after the release of his coronavirus relief plan.

The U.S. Treasury and Small Business Administration (SBA) rolled out a new round of the Paycheck Protection Program (PPP) last week. Businesses will be able to use PPP funding over a period of eight to 24 weeks. This new round is said to be more flexible and clearly defined than the previous round of loans.

On January 14, President Joe Biden delivered public remarks in which he detailed a $1.9 trillion COVID-19 relief proposal, the American Rescue Plan. The American Rescue Plan will be the first piece of Biden’s two-part response to the pandemic.