Upcoming Increase in Minimum Wage for Federal Contractors
- By: Nadine Grosso
- On: 05/06/2021 12:49:01
- In: Announcements/Reminders
What does this regulatory development mean for you as a health care provider? A provider's participation in Medicare or Medicaid does not make you a federal contractor. The same is true with respect to participation in TRICARE following the issuance of new regulations last year.
However, if you are currently in a contract with the U.S. Department of Veterans Affairs (VA) or plan to be in the future, the new executive order could impact you depending on the type of contract and when you enter into or renew such contracts. For example, if you have a Veterans Care Agreement (VCA), the new executive order should not impact you because of statutory language in the VA MISSION Act of 2018 providing that entering into a VCA does not generally make one a federal contractor. In contrast, contracts under older, legacy VA programs may be affected.
We will keep members apprised of any further information that might impact you on this matter, and as regulations are proposed for public comment.
Staff Contact: firstname.lastname@example.org