A conservative group known as the 2017 Project, headed by Jeffrey Anderson, has released another proposal rooted in the following premise: "The common formulation is that we need to 'repeal and replace' Obamacare. The truth is more nearly the reverse: We need to advance a winning alternative to pave the way to full repeal."Read the full article for more details.
Under the 2017 Project proposal, all individuals who are either uninsured or currently insured on the individual market would be offered a tax credit, ranging from $1,200 for those younger than 35 to $3,000 for those older than 50. The value of the credits would not vary by income level, and would be scheduled to grow at 3 percent a year. Any money not spent on premiums could be put in a health savings account.
To address the issue of individuals with pre-existing conditions, the plan would require insurers to continue offering coverage to those with pre-existing conditions who are covered at the time of the enactment of the proposal, including those who obtained insurance through Obamacare.
Friday, February 21, 2014
Obamacare Alternative to Pave Way for Full Repeal
"Last month, a group of Republican senators unveiled a health care plan that grappled with how to create an alternative to President Obama's health care law as part of a strategy to repeal it," writes Philip Klein @ the Washington Examiner.
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