Alert: USA: Latest ACA Updates
February 1, 2017:
The following information was provided to us by Alliant, Asinta’s Partner in the United States.
“Repeal and Replace” Update: The Latest News
While repeal and replacement of the ACA (Affordable Care Act) no doubt remains a priority of the administration and Congress, the practical and political challenges appear to have at least temporarily stalled progress. Things move quickly in this new era, however, so we are cautious about predictions of any type.
What we do know is the deadline (January 27) for the relevant Senate committees to submit their proposed budget reconciliation bills (the mechanism by which Congress intends to repeal at least portions of the ACA) has come and gone without any of the committees putting forth draft legislation.
As reported by a number of media outlets, Republicans have internally been expressing concern over repealing the ACA, in whole or in part. Chief among those concerns are that repeal without meaningful replacement could destabilize the health insurance market and leave millions of Americans without coverage, both of which likely have significant political consequences. Republicans in charge have consistently campaigned on the repeal of the ACA and are intent on ushering in change; at the same time, the Senate majority is fairly thin at 51-50, with the Vice President casting the tie breaking vote where necessary.
It will no doubt continue to be a complex and partisan process.
You can view the original PDF of this article: Repeal and Replace Update.
Do you have questions regarding potential changes to the Affordable Care Act or about doing business in the United States? You can get in contact with Asinta’s Partner, Alliant, to get all of your questions answered via their contact page here.