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House Committees Release ACA Replacement Bills

Update: On March 24, 2017, House Republican leaders withdrew the legislation this is discussed in this article before it could be voted on.

All clients of CBG Benefits are encouraged to login to the CBGconnect portal to download our Compliance Bulletin regarding the latest ACA Replacement BillsOn March 6, 2017, Republican leadership in the U.S. House of Representatives issued two bills that are collectively known as the American Health Care Act. The purpose of the Act is to repeal and replace the Affordable Care Act (ACA).

While it’s absolutely possible that debate on this legislation may result in changes, we encourage all clients to download our Compliance Bulletin about this topic. Simply log-in to the CBGconnect portal today to download the “House Committees Release ACA Replacement Bills” PDF.

Below is a brief overview of what is discussed in the Compliance Bulletin. Primarily, this overview focuses on the potential impact on employers if this Act did become law:

  • Reduces the penalties imposed under the employer and individual mandates to zero, effectively repealing both mandates; these would be repealed retroactively beginning in 2016
  • Keeps the ACA’s prohibition on pre-existing condition exclusions intact
  • Keeps the ACA’s provision allowing dependent coverage to age 26 intact
  • Increases the maximum HSA contribution limit up to the maximum out-of-pocket limits allowed by law (at least $6,550 for self-only coverage and $13,100 for family coverage)
  • Allows both spouses to make catch-up contributions to the same HSA, if both spouses are eligible for catch-up contributions and either has family coverage
  • Delays the effective date of the Cadillac tax to 2025

The Compliance Bulletin also discusses the impact on the individual insurance market, changes to Medicaid, and more.

All clients are encouraged to download the full Compliance Bulletin via the CBGconnect portal today. In addition, we will continue to provide updates for our clients regarding changes to this potential ACA replacement.






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Posted in: Benefits and Insurance, Human Resources, Legislation

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