Senate Republicans have proposed another bill, the GOP’s third in the last few months, to repeal and replace Obamacare.
The legislation is put forward by Republican Sens. Orrin Hatch (UT), Tom Coburn (OK) and Richard Burr (NC). It would begin, like its predecessors, with repealing Obamacare.
But the bill would keep some of the law’s more popular provisions, namely allowing children to stay on their parents’ insurance until age 26. Otherwise, it would roll back the law’s reforms to the insurance industry, doing away with the individual mandate, rules regulating premiums based on age and the requirement that insurers not discriminate against anybody with pre-existing conditions.
Here’s what it would do:
The senators said that the bill would be budget-neutral by capping the currently unlimited tax exclusion for employer-provided health coverage.
What’s not clear, however, is how the bill would address the more than 3 million Americans who have already received health insurance through Obamacare.
An outline of the full proposal is below.