House scraps IPAB repeal as reconciliation nears floor vote
The House of Representatives Rules Committee is pushing forward with a reconciliation bill that would repeal parts of the Affordable Care Act, but keep the Independent Payment Advisory Board intact.
The reconciliation bill, endorsed by the committee late Wednesday, would repeal individual and employer mandates, medical device taxes and the “Cadillac” tax. An amendment added to the bill removes the language needed to repeal the IPAB, Medicare's much maligned cost containment entity. Since its inception, President Barack Obama has not nominated anyone to the 15-member board, and Medicare spending has remained below target levels.
The House is expected to vote on the bill today. The White House has said the bill would be vetoed if it moves forward because it would “take away critical benefits and healthcare coverage from hard-working middle-class families.”