President Donald Trump has made dismantling the Affordable Care Act (ACA) one of the cornerstones of his administration. Steps have already been taken to begin the process. The initial steps, including an executive order issued by Trump, have no immediate impact on the ACA. No ACA provisions or requirements have been eliminated or delayed at this time. However, employers should be aware that the following plan requirements would change if the ACA is repealed:
• Prohibition on lifetime and annual limits
• Out-of-pocket maximum limit
• Waiting period limit
• Prohibition on pre-existing condition exclusions
• Dependent coverage to age 26
