Between rising healthcare costs and the approaching end of pandemic-fueled government aid, employers and employers may feel there is little good news on the healthcare front. But the Consolidated Appropriations Act of 2023 is poised to offer a little relief.
The Consolidated Appropriations Act of 2023 is a $1.7 trillion “omnibus” spending bill that includes funds for defense, natural disaster aid, electoral reform, as well as new healthcare and retirement provisions. Signed into law by President Biden on December 29, 2022, the omnibus funding bill is setting the tone for 2023.
