Health Care Act Passes House, But Faces Uncertain Future
On May 4th, the U.S. House of Representatives passed the “American Health Care Act” by a 217-213 vote, but the bill faces a very uncertain future in the U.S. Senate, where it is extremely unlikely to pass unscathed, if it passes that body at all. Until then, the Affordable Care Act, a/k/a Obamacare, is still in effect. The stakes for employers are high, whether Obamacare stays in effect or is repealed or replaced in whole or in part. Stay…