Republicans revealed the details of their new healthcare bill, to replace Obamacare. It has the backing of nearly 3/4 of the republicans in the House. The bill includes money to the states to shore up their preexisting condition pool. The bill from the Republican Study Committee, would repeal the entire Obamacare bill.
It would expand health savings accounts, medical liability reform, and would eliminate the restrictions on buying insurance across state lines. Although the sponsors of the bill plan to vote on it as soon as possible, they concede that it has no chance of passing in the senate.
“I will be pushing our leadership to actually move this bill through the process because I think it’s important that we have an alternative to the president’s healthcare law, so we can put the two side by side.” said, Rep Steve Scalise, R-LA, chairman of the Republican Study Committee.
Scalise claims there are no comparisons between the two bills. The bill could set up the republicans for criticisms on the Obamacare bill's favorable provisions, such as covering preexisting conditions. As Scalise explains:
“We work with the existing state high-risk pools that are out there. The bill provides $25 billion over 10 years to enhance the state pools, “so an individual with pre-existing conditions can go and buy at market rates.”
“We put our money where our mouth is..
On the plus side, the republican bill contains no mandates, does not raise taxes, and there are no taxpayer funded subsidies.