“Obamacare is the law of the land…. We’re going to be living with Obamacare for the foreseeable future.” – Representative Paul Ryan, Speaker of the House, March 24, 2017
Speaker of the House Paul Ryan pulled the American Health Care Act (AHCA) from consideration by the House of Representatives, which means the Affordable Care Act (ACA) was not amended and remains the law of the land for the foreseeable future. At this time, there does not appear to be a clear pathway to reviving ACA repeal and replace legislation.
But what does this mean for employers? For employers, this means all ACA mandates, requirements, and potential penalties remain in effect at this time. For example, the employer “shared responsibility” mandate and related employer reporting requirements have not been amended and remain in place and enforceable by the Internal Revenue Service (IRS).
For more insight on the implications of this latest action and what could come next, read Vic Saliterman’s latest article on Spark, Health Care Reform: The Affordable Care Act Remains the Law.
Additional information is also available in the Eye on Washington, The Affordable Care Act (ACA) Remains the Law of the Land.