Today the House of Representatives cobbled together enough votes to “repeal and replace” the Affordable Care Act, better known as Obamacare. This legislation will now go to the US Senate, where experts anticipate major challenges exist as the Senate debates modifications to the House passed bill. The Senate will likely make major changes to the newly proposed American Health Care Act, now becoming referred to as TrumpCare. Once the Senate generates their own version of “health care reform”, the House and Senate will then work on a compromise bill before it is presented to the President for signature—if the Senate even creates their version of a health care reform bill.
Employers need to continue complying with the ACA/Obamacare as it exists today, all the time with their “ear to the tracks” as to changes to the current law. AccuPay will continue to monitor this legislation and keep our clients informed as to the proposed law’s status and action steps to consider.