Bill proposes changes to the Affordable Care Act
Earlier this month, U.S. House Republicans introduced a bill tilted the American Health Care Act. The legislation aims to repeal and replace key provisions of the Affordable Care Act (ACA). The National Restaurant Association is working on this issue and has requested feedback and anecdotes on how the ACA affected your businesses. If you would like to participate in a survey on this issue please contact Stephanie McManus (StephanieM@wahospitality.org).
Below are some highlights from the U.S. House Republican’s bill. As more details emerge on this issue the Washington Hospitality Association will get our members up to date. Currently, some of the larges changes are that the proposal would:
- Zero out the individual mandate and employer mandate penalties for 1) individuals who fail to get coverage and 2) for large employers who fail to offer coverage to full-time employees and their dependents.
- Allow states that have expanded Medicaid to continue to enroll people into their programs at the ACA’s enhanced federal match rate until Jan. 1, 2020, after which enrollment would be frozen to new entrants. States could create their own expansion programs to start in 2020.
- Replace a ban on pre-existing conditions with a “continuous coverage incentive”.
- Replace the ACA’s income-based premium tax credits that currently help people buy health insurance plans through government marketplaces with an advanceable, refundable tax credit based on age and family size. To be eligible, an individual must generally not have access to government health insurance programs or an offer of insurance from any employer.