House Republicans have unveiled a repeal and replacement plan for the Affordable Care Act (ACA). The GOP’s American Health Care Act (AHCA) would eliminate most of the ACA’s taxes, including:
Penalties connected with the individual and employer mandates
The 3.8 percent net investment income (NII) tax
The additional .9 percent Medicare tax
The excise tax on high-dollar health plans would be left in place, but delayed. In addition, a number of other non-tax provisions related to the scope of coverage, benefits and children, would also remain in place.
The House GOP plan has been rejected by Democrats. Some Republicans have said the plan does not go far enough in repealing all of the ACA. A vote on the House floor is expected in weeks to come.