ACA Replacement Bills Released

The hype is over, the U.S. House Representatives finally released draft legislation to replace the Affordable Care Act (ACA).

The new proposed law would reduce the government’s involvement in health insurance and:

  • No longer require individuals to purchase health insurance or penalize those who don’t enroll
  • Phase out the ACA’s Medicaid expansion
  • Provide relief from many of the ACA’s tax provisions
  • Allow states to shape their own policies

What popular provisions did the legislation keep?

  • Prohibition on lifetime and annual limits for essential health benefits
  • Prohibiting insurers from denying coverage due to pre-existing conditions
  • Coverage for adult children up to age 26

What do we recommend?

  • Don’t overwhelm – this is only the first draft and it will be a long process for any law to get going. First, the bill would need to be passed by both houses with a majority vote. Then if the bills are passed in the Senate and the House, the law would then go to President Donald Trump for approval.
  • Stay updated  – connect with us on Facebook, Twitter, Instagram, and follow our blog to hear the latest news on the ACA Repeal.
  • Use your resources!  – Our team of employee benefits experts are here to help, let us know if you have any questions or need additional information.