On October 23, the U.S. House of Representatives passed a bill that would repeal key provisions of the Affordable Care Act, including the individual and employer mandates, medical device excise tax, and "Cadillac" tax on pricey health plans.

The "Restoring Americans' Healthcare Freedom Reconciliation Act," which passed on mostly party lines, is similar to the reconciliation measure previously described here.

Of course, if such a bill were also to pass in the U.S. Senate, President Obama has stated that he would veto it.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.