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Update from Washington: ACA Repeal and Replace

Mar 30, 2017

With the ACA under review, it’s tough to keep up on what will likely stay in legislation and what is certain to be repealed and/or replaced. The bills that make up the new American Health Care Act (AHCA) were primarily focused on what changes would be made to existing ACA rules. Here are some items that would not change under the proposal.

Pre-existing Conditions
The ACA mandate prohibiting insurers from denying or charging more for coverage to patients with pre-existing conditions would be preserved.

Coverage for Adult Children
The AHCA would preserve the ACA’s rule allowing young adult dependents to remain on their parents’ plans until they are 26.

Cost-sharing Limits
Out-of-pocket maximum limits imposed on non-grandfathered plans by the ACA would continue to apply. These limits are currently $7,150 for single and $14,300 for family coverage.

Annual and Lifetime Limits
The AHCA would retain the prohibition on annual and lifetime limits on essential health benefits.

For More Information
Visit the Ways and Means Committee and the Energy and Commerce Committee websites for more information.

Join Hylant’s VP of Compliance, Holly Wahl, and James Slotnick, JD, AVP, Government Relations from Sun Life Financial on April 13, 2017 at 10:00 am EDT for an update from Washington regarding Affordable Care Act (ACA) Repeal and Replace efforts.

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