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House passes the AHCA

Posted by Ryan Posted on May 06 2017

House passes the AHCA. By a slim margin of 217 to 213, the U.S. House of Representatives passed the American Health Care Act (AHCA), the Republican plan to repeal and replace the Affordable Care Act (ACA). The AHCA, as amended, would repeal most ACA provisions, including the individual and employer mandates, the 3.8% net investment income tax, the 0.9% additional Medicare tax, and the premium tax credit. The “Cadillac” tax on high cost employer-sponsored health plans would be delayed until 2026. The bill now heads to the Senate for consideration.