Monday evening, House Republicans released their long-awaited "American Health Care Act," the GOP's plan to repeal and replace the Affordable Care Act.

While the bill strips away much of the ACA, it also retains some of its more well-liked provisions.

For example, the bill would eliminate the individual mandate that requires most Americans to have health insurance or pay a penalty and the employer mandate requirement that large employers offer coverage to their employees, but it would allow children to continue to remain on their parent's plan through age 26, keep the prohibition on denying coverage based on a pre-existing condition, and would still require a simplified version of employer reporting for offers of coverage made via the employee's W-2.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
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.