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House Passes Bill Repealing Key ACA Provisions

Posted in Accountable Care Organizations, Employer/Employee Matters, Legislation and Public Policy, Life Sciences, Medical Devices, Medicare and Medicaid, Private Insurers, Reimbursement Matters, Tax Matters/IRS

On October 23, the U.S. House of Representatives passed a bill that would repeal key provisions of the Affordable Care Act, including the individual and employer mandates, medical device excise tax, and “Cadillac” tax on pricey health plans.

The “Restoring Americans’ Healthcare Freedom Reconciliation Act,” which passed on mostly party lines, is similar to the reconciliation measure previously described here.

Of course, if such a bill were also to pass in the U.S. Senate, President Obama has stated that he would veto it.

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