House Republicans Introduce Plan to Replace ACA

Republicans in the United States House of Representatives have put forth what they describe as “fiscally responsible legislation to deliver relief from Obamacare’s taxes and mandates and lay the groundwork for a 21st century health care system.”

More specifically, the primary Committees with jurisdiction over health care – the Ways and Means and Energy and Commerce -- have released proposed legislation that not only repeals the law, but replaces it with reforms President Trump laid out.

In summary, here’s what the combined proposed legislation will do:

Deliver Relief:  Dismantles the Obamacare taxes that the Republicans believe have hurt job creators, increased premium costs, and limited options for patients and health care providers -- including taxes on prescription drugs, over-the-counter medications, health-insurance premiums, and medical devices.

Eliminates the individual and employer mandate penalties, which forced millions of workers, families, and job creators into Obamacare plans that they don’t want and cannot afford.

Preserve Patient Protections:  Prohibits health insurers from denying coverage or charging more money to patients based on pre-existing conditions.

Helps young adults access health insurance and stabilize the marketplace by allowing dependents to continue on their parents’ plan until they are 26.

Advance 21st Century Reforms:  Establishes a Patient and State Stability Fund, which provides states with $100 billion to design programs to meet the needs of their patient populations and help low-income Americans afford health care.

Modernize and strengthen Medicaid by transitioning to a “per capita allotment” so states can better serve the patients most in need.

Empower individuals and families to spend their health care dollars the way they want and need by enhancing and expanding Health Savings Accounts (HSAs) -- nearly doubling the amount of money people can contribute and broadening how people can use it.

Help Americans access affordable, high-quality health care by providing a monthly tax credit -- between $2,000 and $14,000 a year -- for low- and middle-income persons and families who don’t receive insurance through work or a government program.