Kentucky Senator Rand Paul released an Obamacare replacement bill yesterday, part of his effort to help the GOP repeal the controversial healthcare law. Repealing Obamacare was one of President Trump’s key promises of his campaign and is something many expect to be one of the first issues the 115th Congress takes on in 2017.
Paul has been leading the push to have a replacement plan ready for when Obamacare is repealed, a plan that has been gaining momentum within the party.
“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,” Paul said in a statement.
A few key provisions in the plan:
- Removing the mandate that everyone have health insurance
- A tax credit of up to $5k to be used for health coverage
- Eliminate the minimum standards for what insurance must cover
These provisions would allow for cheaper health coverage, removing the burdens and hassle of Obamacare’s red tape, according to The Hill.