Corrected: House GOP Re-Ups O-Care Repeal Bill After Big Election Wins

November 12, 2014 1:09 p.m.
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Corrected: This article originally stated that Price’s bill was newly introduced Wednesday. It had already been introduced, but his office highlighted it again after the midterms. We regret the error.

House Republicans are re-upping Wednesday on a Obamacare repeal-and-replace legislation after their party’s big Election Day wins.

Budget Committee vice chair Rep. Tom Price (R-GA) pushed out a release about his bill that would start with repealing the Affordable Care Act.

It would then seek to extend health coverage and lower health care costs through provisions more palatable to conservatives: Refundable tax credits for low-income individuals, high-risk pools for sick people, tort reform, etc. The bill would also require states to give Medicaid beneficiaries the opportunity to enroll in private employer-sponsored coverage.

One item of particular note: Price’s legislation would allow for the creation of state “transparency portals,” which would allow consumers to window-shop for coverage. It sounds similar to Obamacare’s exchanges, only it would not allow for enrollment in the plans. Consumers would have to buy directly from insurers.

A full summary is below.

Tom Price Health Care Bill Summary

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