Rand Paul Unveils Obamacare Replacement Plan

Seantor Rand Paul (R-KY) has recently introduced the Obamacare Replacement Plan (S. 222). As the title indicates, Senator Paul’s plan repeals Obamacare and replaces it with (largely) free-market reforms, such as:

• A tax credit of up to $5,000 per individual that could be used as part of a Health Savings Account

• Eliminates minimum standards that health insurance companies had to meet under Obamacare, which would open the door for more affordable, yet less comprehensive plans

• Would allow insurance companies to sell plans across state lines

• A two-year window for those with pre-existing conditions to get healthcare, after which those with such conditions could still get coverage in group plans

For a complete description of the bill see here.

For more on this bill see here, here.and  here.