Summary of Bill HR 112
Bill 118 hr 112, also known as the Responsible Path to Full Obamacare Repeal Act, is a piece of legislation introduced in the US Congress. The bill aims to repeal the Affordable Care Act, commonly known as Obamacare, in its entirety.
The bill proposes a gradual approach to repealing Obamacare, rather than an immediate and complete repeal. It outlines a series of steps that would be taken over a period of time to dismantle the healthcare law and replace it with a new system.
Some of the key provisions of the bill include repealing the individual mandate, which requires individuals to have health insurance or pay a penalty, and eliminating the employer mandate, which requires certain employers to provide health insurance to their employees.
The bill also seeks to roll back Medicaid expansion and eliminate subsidies for insurance purchased through the healthcare exchanges. It would also repeal various taxes and fees that were implemented as part of Obamacare.
Supporters of the bill argue that Obamacare has led to rising healthcare costs and limited choices for consumers, and that a full repeal is necessary to address these issues. Critics, on the other hand, are concerned that repealing Obamacare without a replacement plan in place could leave millions of Americans without access to affordable healthcare.
Overall, the Responsible Path to Full Obamacare Repeal Act is a significant piece of legislation that seeks to fundamentally change the US healthcare system. Its fate in Congress remains uncertain, as lawmakers continue to debate the best path forward for healthcare reform.
Congressional Summary of HR 112
Responsible Path to Full Obamacare Repeal Act
This bill repeals the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010, effective at the beginning of FY2024. Provisions of law amended by those acts are restored.