News Headlines Article

House defeats bipartisan fix to ‘Obamacare’
San Francisco Chronicle

The House on Wednesday rejected a bipartisan fix to the Affordable Care Act that would exempt U.S. health plans sold to expatriate workers from having to comply with the law’s mandates.

The legislation was aimed at helping U.S. insurance companies like Cigna and Metlife that are now at a competitive disadvantage with overseas firms that do not have to comply with mandates such as the so-called Cadillac tax on high-end plans, patient protections and a host of reporting requirements.

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