On Thursday, June 22, 2017, Senate Majority Leader Mitch McConnell of Kentucky released a 142-page healthcare “Discussion Draft” of legislation, called the Better Care Reconciliation Act of 2017 (BCRA), which is the Senate version of the Affordable Care Act (ACA) “repeal-and-replace” legislation American Health Care Act (AHCA) passed by the U.S. House of Representatives last month. In large part, the BCRA mirrors the House-passed AHCA. Initially, Senator McConnell had stated that he intended to call a vote this week, but he has since indicated that the vote will be delayed until after the July 4th recess. If the Senate passes the bill, it will either have to be approved by the House (the two chambers would have to reconcile their differences in a conference committee), or the House could pass a new version and send it back to the Senate for approval. The Legal Alert contains a chart that compares key components of the ACA, House AHCA, and Senate BCRA.
As noted previously, employers should stay the course on ACA compliance while healthcare reform continues to progress through the legislative process.
For more information, click HERE to read this important legal alert.