As you may have heard, the most recent attempts to repeal and replace the ACA failed when the United States Senate voted against three proposals - the Better Care Reconciliation Act, the Obamacare Repeal and Reconciliation Act, and the Health Care Freedom Act - over the course of four days. As a result, the ACA remains the law of the land, and employers with 50 or more employees must continue to offer affordable coverage to employees who work 30 or more hours per week on average.
Of course, if recent history is any indication, attempts to repeal and replace (or simply repeal) the ACA will continue - in fact, several Republican Senators are working on new bills to introduce once the Senate returns in September. The success of any such bills remains to be seen, but given the well-documented struggle to this point, I would advise against preparing for anything other than full compliance with the ACA. To that end, note that the 2017 reporting requirements (i.e., Forms 1094 and 1095) are due in January and March of 2018, which is right around the corner.
Questions? Please contact Attorney Peter E. Hansen at (630) 377-1554, or email [email protected].