GOP Unveils New ObamaCare Alternative

Three top Republicans are pushing an alternative to ObamaCare that would scrap the law’s mandates while keeping the tax credits that help low-income people buy private insurance coverage.

An outline of the plan was made public late Wednesday by Senate Finance Chairman Orrin Hatch (R-Utah), House Energy and Commerce Chairman Fred Upton (R-Mich.) and Sen. Richard Burr (R-N.C.).

The plan — released the same week that the House cast its first vote to repeal ObamaCare of 2015 — will compete with several other replacement options as the GOP tries to coalesce around a response to a looming Supreme Court decision that could dismantle the law.

Under the senators’ plan, individuals would no longer be required to buy healthcare coverage and employers would no longer be required to offer it. People who already have government insurance through Medicaid would be given tax credits to buy private plans, and upper-income families would no longer qualify for financial help.

“Under our plan, every American will be able to access a health plan, but no American is forced to have health insurance they do not want,” according to the members’ nine-page document, which mirrors proposals that were already offered by Hatch, Upton and Burr in early 2014.

It would give back much of the healthcare regulatory power to states while also setting certain federal baselines, such as capping healthcare taxes for employees.