Seantor Rand Paul (R-KY) has recently introduced the Obamacare Replacement Plan (S. 222). As the title indicates, Senator Paul's plan repeals Obamacare and replaces it with (largely) free-market reforms, such as:
A tax credit of up to $5,000 per individual that could be used as part of a Health Savings Account
Eliminates minimum standards that health insurance companies had to meet under Obamacare, which would open the door for more affordable, yet less comprehensive plans
Would allow insurance companies to sell plans across state lines
A two-year window for those with pre-existing conditions to get healthcare, after which those with such conditions could still get coverage in group plans
For a complete description of the bill see here.
Tags: Obamacare, Rand Paul