Health reform bill passes House
May 05, 2017
As you may have seen or read in the news, the U.S. House of Representatives today passed legislation to repeal and replace the Affordable Care Act (ACA).
The American Health Care Act (AHCA), which was approved by a 217-213 vote, would overhaul major elements of the law to include eliminating the mandate requiring Americans to purchase health insurance, while keeping in place a provision allowing younger Americans to stay on their parents' health plans until age 26. The bill would also:
- Replace ACA subsidies with refundable tax credits based mainly on age;
- Replace the individual and employer mandates for continuous coverage requirements;
- Allow states to get waivers from the ACA's essential health benefit requirements as well as waivers to the community rating rules;
- Rollback Medicaid funding; and
- Eliminate ACA taxes levied on wealthy Americans, insurers, prescription drug makers, device manufacturers and others.
The bill now heads to the Senate where it will need 50 votes in order to go the president's desk for his signature. If the House and Senate bills are not identical, a conference committee is formed to iron out the differences between the bills, which are then presented to both chambers for a final up-or-down vote.
As changes to our health care system make their way through the legislative process, here are some resources to keep you informed:
- Visit ThinkHealth for articles on health reform
- Subscribe to the Understanding Health Reform newsletter
Source: Priority Health