Highlights From President Biden’s Health Care Proposals in State of the Union & FY 2025 Budget Proposals – What They May Mean for Employer Health Plans

President Biden’s State of the Union address and subsequent budget proposal include many provisions that would, if enacted, directly and indirectly impact employer health plans. Although such proposals cannot take effect without further legislative and/or executive action, they provide insight into the Biden Administration’s would-be focus and actions during a potential second Presidential term.