North America

House Passes American Health Care Act with Amendments

Tom Hospod
June 10, 2017

The amended American Health Care Act (AHCA) passed by the House expanded upon the prior version, but made certain adjustments providing individual states more flexibility in shaping and regulating their own insurance markets. The new bill also appropriates $8 billion over five years to subsidize coverage for pre-existing conditions in an attempt to offset the fiscal impacts of permitting the states to set lower coverage standards.

 

Although the compromises garnered enough votes for the amended AHCA to pass the House, some moderate Republicans continued to withhold support – setting it up for an uncertain future in the Senate.

 

The post House Passes American Health Care Act with Amendments appeared first on Sovos.

 

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Author

Tom Hospod

Tom Hospod is a Regulatory Counsel at Sovos Compliance. Within Sovos’ Regulatory Analysis function, Tom focuses om Affordable Care Act (ACA) reporting, Tax Withholding, and Automatic Exchange of Information (AEOI). Prior to Sovos, Tom worked as a legislative aide in the Massachusetts House of Representatives. Tom is a member of the Massachusetts Bar, earned his B.A. from Boston College and his J.D. from the University of Miami.
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