The National Retail Federation is backing efforts by Republican lawmakers to repeal the Affordable Care Act and replace it with a new health-care plan that does not require Americans to have medical insurance.Republicans in the House of Representatives have put forward health-care legislation supported by President Trump to replace the ACA, also known as Obamacare, that most notably calls for a tax-credit system that would make it more alluring for Americans to buy insurance coverage on the open market.Under the ACA, people who remain uninsured after a certain period of time are subject to a tax penalty, ensuring that everyone is paying into the health-care system, one way or another.The ACA also defines a full-time employee as one who works 30 or more hours in a week and requires all businesses with 50 or more full-time employees to offer health insurance to at least 95 percent of that workforce. The NRF has long opposed both the full-time worker definition and the employer mandate.“Retailers want reforms that push us toward a more competition-driven private health-care market, and the Obamacare repeal-and-replace bills take us in that direction,” said David French, NRF senior vice president for government relations, of the Republican proposal.The NRF objected when House Speaker Paul Ryan (R, Wisc.) previously proposed an income cap for exclusion from employer-provided benefits, which the association claimed would amount to a benefits tax. That idea did not make it into the new Republican proposal.While NRF’s vice president of health-care policy Neil Trautwein said the association is pleased that Republican lawmakers heard retailers' concerns on that issue, he also characterized the new proposal as “a train that left the station without us” and one that’s moving quickly.“We want to make sure that this does not disrupt health-care plans as much as possible but that the [proposal] offers fewer regulations that will hopefully make health care less expensive,” Trautwein said. “What attracts us [to this proposal] is the chance to get out from under the employer mandate and the chance to find more affordable coverage that [isn't available] with the ACA.”The NRF has opposed the ACA since it was enacted in 2010 and has long been pushing for its repeal. At the time of its enactment, the association claimed that the ACA would do little but increase the cost of health care for companies, likely resulting in more employees losing their jobs and more people being uninsured.Only 11 percent of people in the U.S. were uninsured as of 2016, according to Gallup data, the lowest rate in eight years. The U.S. unemployment rate has also remained below 6 percent since the ACA tax mandate took effect January 2014.Of the statistics, Trautwein only said that it’s “always tough to project forward.”“We retailers are strong supporters of group health care, but about 177 million Americans get their coverage through employers, and the fuss and fury has really been over the individual market," Trautwein said. "We've argued that you can address that population, but we don't want what we've built with group insurance to be disturbed.”
In honor the @CFDA’s announcement of @iamnaomicampbell receiving the Fashion Icon Award at the 2018 #CFDAAwards, which will take place on June 4, here’s a #tbt of the supermodel on @michaelkors’ runway in 1991. #wwdfashion #wwdarchive (📷: George Chinsee)
“I was making the guacamole when my scout saw me,” says model @stuckinteenage on being discovered just six months ago while working at @chipotlemexicangrill. Since then Williams has signed with @dnamodels, walked in her first show at @calvinklein and landed on the cover of @vogueitalia – a high point of any model’s career. To read @lisajlockwood’s full interview with the model on her experiences thus far, head to WWD.com – link in bio. (📷: George Chinsee)
“I love the idea of dialogue, period. It’s where I’ve always gotten my inspiration from: hearing other women speak, their journeys and their paths,” said @hereisgina, who delivered the keynote speech during @sxsw for @createcultivate in partnership with @fossil. For her two panels, Rodriguez chose female empowering, female-led and female entrepreneurs to focus on. Head to WWD.com to read more about her thoughts on Time’s Up, growing up in a family of women and why we “need a girls’ club.” #wwdeye #sxsw (📷: @jgreenery)
Leading luxury brand are shaking things up to keep up with streetwear. Case in point: the arrival of @mrkimjones as artistic director of @diorhomme. Jones, who succeeds @Kris_Van_Assche, is seen as one of the handful of designers who can actually straddle the luxury and streetwear worlds — which could lead to even more changes at established brands. What could this mean for the rest of the menswear landscape? Head to WWD.com to find out what experts predict #wwdfashion (📷: @franckmura)
“It’s like buying groceries. You’re going to buy the best mango, the best mozzarella, the best things. You have to, or others are going to take it all,” said @gabrielahearst on why she uses only the finest fabrics. Last week, Hearst received her first @cfda nomination for Womenswear Designer of the Year, and earlier this month she opened a permanent showroom in Paris. To read @jessiredale’s interview with the designer and find out why this is shaping up to be a big year for her, head to WWD.com. #wwdfashion (📷: @francoisgoize)
“It’s an interesting thing, playing a younger version of your mother. It’s an interesting concept. I adore my mom and love her in every capacity, but it was just something that had never crossed my mind,” says @anniemstarke on playing a young Joan Castleman in “The Wife.” The same role will be played by her mother Glenn Close. Read more about her growing up in the film industry as the daughter of producer John H. Starke and Close and what she has planned for the future #wwdeye (📷: @nataliamantini)
@asics is launching a new streetwear sneaker inspired by its latest ambassador, @steveaoki. The Hyper-Kenzen x Aoki, which will launch at @footlocker stores exclusively tomorrow, is a slip-on style that incorporates the brand’s proprietary Gel technology through beads integrated into the midsole for comfort and endurance. Read the full story on WWD.com.