On Monday, March 6, 2017, the primary Committees with jurisdiction over health care – the Ways and Means Committee and the Energy and Commerce Committee – released the latest version of the repeal-and-replace legislation.
Significant elements of the legislation include:
- Repealing individual and employer mandates
- Delaying the Cadillac Tax from 2020 to 2025
- Delaying the repeal of many of the ACA’s tax increases until 2018, a year later than previous versions
Unlike prior versions, the latest bill does not include changes to the tax exclusion for employer-provided plans. We consider this a major victory and the direct result of intense lobbying efforts – largely from the employer and broker community.