GOP Announces ACA Replacement Strategy - Mercer Signal

House Republicans released a white paper outlining their plan to provide “High Quality Health Care for All” – the GOP’s proposed approach to replace the ACA. Tracy Watts broke down the new plan for Mercer Signal.

Read the full article at: ushealthnews.mercer.com

While it lays out some interesting strategies that could potentially be attractive to employers, the white paper lacks the details necessary to be able to evaluate the impact on employer-sponsored health benefits as we know them today. And we all know the devil is in the details. Here are some highlights:

• No more employer mandate
• Dependents are still eligible for coverage until age 26
• Lifetime maximums and preexisting conditions exclusions are still banned
• The Excise Tax is replaced with a cap on the employee tax exclusion 
• Catch-up contributions for spouses are expanded
• Maximum contribution limits are increased
• HSA contributions won't count when calculating the cap on employee exclusion
• Employers can reimburse employees buying coverage on a private exchange

Do you know what's required of you by the ACA, as an
employer? Download our white paper to be sure: