On Monday, March 6, 2017, House Republicans released legislation designed to repeal and replace the Affordable Care Act, commonly known as Obamacare.
The proposed bills would eliminate the individual and employer mandates, and fundamentally change insurance affordability provisions, taxes, and Medicaid reforms. Many of the ACA’s important consumer protections would remain intact.
For a full summary chart outlining which ACA provisions are repealed, modified, or kept in place under the Republican plan click below.
On March 8, 2017, two House committees will begin a markup of the bills—or the process by which legislative committees meet to debate, amend, and/or rewrite a proposed bill. If passed by the committees the bill will ultimately be sent to the full House for a vote.
It is important to note that until such time as a “repeal and replace” bill is signed into law, all existing ACA requirements remain in effect.
The recent presidential election resulted in uncertainty regarding the future of healthcare and employer-sponsored coverage. During this time of transition, you can count on Marshall & Sterling to be your trusted advisor.
Please do not hesitate to reach out with any questions, comments, or concerns. Return to our ACA & Compliance section for more updates.
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