It’s Official! Senator Rand Paul Just Introduced His Obamacare Replacement Act!
“The bill would remove parts of the Affordable Care Act including the individual mandate and minimum standards for care.”
Written by Bob Bryan for Business Insider:
Sen. Rand Paul, the libertarian-leaning Republican and one-time presidential candidate, introduced his own version of a replacement for the Affordable Care Act (ACA), better known as Obamacare.
The bill, named “The Obamacare Replacement Act,” would eliminate a number of provisions from Obamacare including the individual mandate and minimums on coverage standards. …
Additionally, the bill would provide every American with a tax credit worth up to $5,000 for contributions to a health savings account (HSA) to put towards health insurance and other healthcare costs.
“Getting government out of the American people’s way and putting them back in charge of their own health care decisions will deliver a strong, efficient system that doesn’t force them to empty out their pockets to cover their medical bills,” said Paul, an ophthalmologist, in a press release announcing the bill.
Paul, however, also said that the repeal of the ACA should not move forward without a replacement ready to go.
“There is no excuse for waiting to craft an alternative until after we repeal Obamacare, and the Obamacare Replacement Act charts a new path forward that will insure the most people possible at the lowest price,” said the release.