The “American Health Care Act” (AHCA), a draft of the GOP plan to repeal and replace key parts of the Affordable Care Act (aka “Obamacare”), was introduced yesterday by the House Ways and Means Committee and the Energy and Commerce Committee.

Please click the link below to view a published summary by Chairman of the House Ways and Means Committee, Congressman Kevin Brady. You can also download the Act in its entirety.

https://housegop.leadpages.co/healthcare/

There will be continued debate and discussion on this proposed legislation.  For now, all employer obligations remain the same and 2016 government reporting is due March 31, 2017 to the IRS.  Stay tuned as EP will be monitoring any developments closely in order to help our clients make a seamless transition regarding their health care obligations.