Editor's note: This story is developing

Republicans are finally on the brink of achieving a major symbolic victory by passing a bill to repeal major portions of the Patient Protection and Affordable Care Act. They're anticipated to pass the bill today, reports NPR. It's a moment Republicans have hungered for since the landmark health law was passed five-and-a-half years ago with not one GOP vote.

Although an Obamacare repeal bill has been in the works for months, until recently it was only expected to target several of the law's important funding mechanisms, notably the insurance mandate for individuals and businesses as well as the Cadillac tax.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.