WASHINGTON, July 23 -- Centers for Medicare & Medicaid Services has issued a proposed rule called: Medicaid Program; Amending the Indirect Hold Harmless Threshold of Health Care-Related Taxes.

The proposed rule was published in the Federal Register on July 23 by Robert F. Kennedy, Secretary, Department of Health and Human Services.

Summary: This proposed rule would revise standards for determining whether an indirect hold harmless arrangement exists for a health care-related tax. This proposed rule is necessary to implement a provision in the "One Big Beautiful Bill Act, " herein referred to as the "Working Families Tax Cut (WFTC) legislation, " which established new indirect hold harmless thresholds for health care-related taxes. Current...