House Republicans revealed on Monday, March 6, their long awaited replacement for the Affordable Care Act (ACA). The bill is titled the American Health Care Act (AHCA) and at 70 pages is significantly smaller than its predecessor.
As originally presented before committee review, highlights include: the repeal of individual mandates; employer mandates; and subsidies for out-of-pocket expenses. Premium subsidies will be distributed using different criteria.
The AHCA would shift the design and management of Medicaid funds to more state control. Amounts that can be contributed to tax-free Health Savings Account would increase. Ratios for age related pricing of premiums could reach levels higher for older Americans than under the ACA.
The AHCA would keep: dependent coverage until 26 years of age; the pre-existing condition policy currently in effect; all insurers would still need to offer the 10 essential health benefits; and prohibition on annual and lifetime limits on coverage would remain in effect.
Read more at the New York Times.
Read more at Beckers Hospital Review.
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