On March 6, 2017, House Republican released legislation – The American Health Care Act - as part of the effort to repeal and replace the Affordable Care Act. Debate on the legislation, which consists of two separate bills, is scheduled to begin this week. Before the bills become law, they must be passed in Congress and signed by President Trump.
The new law would make significant changes to key provisions of the ACA, such as effectively repealing the employer and individual mandates retroactively to 2016. However, key consumer protections would remain intact, including limits on cost-sharing, the prohibition on pre-existing condition exclusions and dependent coverage to age 26.
360benefits clients can view the detailed compliance bulletin “House Committees Release ACA Replacement Bills” through your MyWave portal at www.mywaveconnect.com.