Here's a quick glance at a few alternatives to Obamacare.
Republican Study Committee Obamacare Alternative
End billions in taxes, eliminates thousands of pages of unworkable mandates and regulations that are driving up the cost of health care and forcing millions of Americans to lose access to their health plans, and gets federal bureaucrats, like IRS agents, out of health care decisions.
Increases competition by allowing Americans to purchase health insurance across state lines, and creates association health plans so small businesses can pool together to get the same buying power as large corporations.
Levels the playing field for families and individuals by creating a standard deduction for any taxpayer to purchase health care with the same tax benefits that companies enjoy.
Addresses the medical liability crisis, which has played a significant role in escalating health care costs, by capping non-economic damages and limiting attorneys’ fees, while maintaining patients’ rights to economic damages.
Increases the amount of pre-tax dollars individuals can deposit into portable savings accounts to be uses for health care expenses.
Bolsters state-based high-risk pools and extends existing HIPAA guaranteed availability protections, improving insurances portability protections for Americans with pre-existing conditions.
Incorporates widely-supported pro-life provisions, ensuring that no federal dollars may be used to provide abortions.
Rep. Tom Price, M.D. Obamacare Alternative
H.R. 2300, Empowering Patients First Act
Establishes age-adjusted tax credits
Ensures no one is priced out of the market, including individuals with pre-existing conditions
Provides economic incentives for everyone to purchase coverage, without mandates
Makes coverage more portable to help ensure continuity of care
Protects employer-sponsored insurance
Promotes wellness and improved care
Curbs defensive medicine and lawsuit abuse
Delivers greater coverage options, including Independent Health Pools (IHPs) and Association Health Plans (AHPs)
Allows for the purchase of insurance across state lines
Builds on Health Savings Accounts (HSAs) and other models to drive down costs
Creates parity between the individual and large group markets
Gets government out of the way to protect the patient-physician relationship
Removes work disincentives for employers and individuals
Provides support for the purchase of health care coverage:
· Offers an advanceable refundable tax credit with which people can buy insurance approved by a state insurance provider
· Allows families to apply the credit toward a wider range of plans, not to be limited to those on the federal exchange
Allow state to opt out of the current system and opt into our patient-centered one. In participating states, we make health coverage more affordable by repealing the costly insurance mandates and regulations imposed by the President’s health care law and by strengthening provision that protect individuals and their families. In participating states, our plan:
· Repeals the individual mandate
· Repeals the employer mandate and its reporting requirements
· Prohibits insurers from imposing lifetime limits on benefits
· Guards against insurer unfairly cancelling coverage
· Protects American with Pre-Existing conditions
· Extends dependent coverage to those 26 or younger, unless a state decides otherwise
· Empowers small businesses and other groups to band together to increase their bargaining power with insurance companies
· Permits Americans in one state to buy health insurance approved by another state and for states to band together in compacts