Texas Rep. [crscore]Pete Sessions[/crscore] and Sen. [crscore]Bill Cassidy[/crscore] of Louisiana introduced legislation to partially repeal the Affordable Care Act (ACA) by eliminating mandates and providing tax credits to those who buy health insurance plans Monday.
Instead of offering a complete alternative to the Affordable Care Act, the bill – which they dubbed the “World’s Greatest Health Care Plan of 2016” – would work alongside the president’s landmark healthcare legislation while doing away with provisions most highly criticized by Republicans.
Under the legislation, every American would be eligible for a $2,500 tax benefit with an additional $1,500 per dependent child, meaning a family of four could receive up to $8,000 per family of four.
“This bill empowers all Americans to make their own healthcare choices, save money in an account that is not use-it-or-lose-it, and ensures that not one person will be forced onto Obamacare,” Sessions said, according to The Washington Examiner.
Individuals could receive the payment toward payments to employers for employer-sponsored health benefits, put in a Health Savings Account.
Americans would also have the option to be reimbursed if they opt to buy health care outside of the plans offered by their employer.
Those who have purchased and want to keep plans bought through the Obamacare exchanges would be allowed to do so and the ACA’s Medicaid expansion provision would also be kept in place.
Sessions and Cassidy referred to the plan as a “free-market alternative that’s sustainable for America’s families,” during a press conference Monday.
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