On Friday, March 24, 2017, the U.S. House Republicans pulled from the floor the American Health Care Act (AHCA), the proposed legislation to repeal and replace the Affordable Care Act (ACA), once it was clear that the bill was short on votes to pass.
Effectively, this means the AHCA will not survive to become law and, at this time, any future efforts to repeal and replace the ACA are uncertain. This may mean, as the U.S. House of Representatives’ Speaker Paul Ryan said shortly after the announcement that the bill was withdrawn, “Obamacare is the law of the land. We’re going to be living with Obamacare for the foreseeable future.”
However, as of March 28, there have been reports that the House Republican leaders and the Trump administration have started renegotiations on legislation to repeal the ACA. At this time, there are no details about what may be in any renewed repeal legislation or the timing of its release or a vote.
Marshall & Sterling will provide you with additional information as it becomes available. Please do not hesitate to reach out to Dannielle O'Toole, Esq., Marshall & Sterling's Manager of Compliance and Client Solutions, with any questions, comments, or concerns.
Disclaimer: The information contained in this message is for general informational purposes only and does not constitute legal advice.