House Passes Bill To Let People Keep Their Health Care Plans

The House passed a bill Thursday afternoon that would allow Americans to keep their health insurance plans that don’t live up to Obamacare regulations, with the help of a sizable group of Democrats. 

The legislation would again make it legal for insurers to sell group health insurance plans that don’t meet the Affordable Care Act’s minimum requirements — in effect making President Obama’s last-minute, unilateral extension of canceled plans into law.

Twenty-five Democrats joined the majority to vote for the bill, the Employee Health Care Protection Act, a sign that Democrats are still trying to distance themselves from Obamacare and Obama’s failed promise that “if you like your health care law, you can keep it.”

The Congressional Budget Office estimates that bill would raise close to $1.25 billion in tax revenue over the next ten years, because it will lower employees’ health care premiums and increase their taxable take-home pay.