Summary

                            To repeal provisions of the Patient Protection and Affordable Care Act and provide private health insurance reform, and for other purposes.

Introduced in House
Obamacare Replacement Act

This bill amends the Internal Revenue Code, the Public Health Service Act, the
Employee Retirement Income Security Act of 1974 (ERISA), and the Social Security
Act to repeal certain provisions regarding health insurance, including: the
requirement for individuals to maintain minimum essential coverage, limitations
on insurers varying premiums by age or health status, requirements for health
insurance to cover preexisting conditions, and the prohibition on lifetime or
annual limits on benefits.

The bill allows a refundable tax credit for a percentage of health insurance
premiums and a tax credit for health savings account (HSA) contributions.

The bill eliminates HSA contribution limits and allows all individuals to make
contributions to HSAs. HSAs may be used to pay for over-the-counter medications
and health insurance. HSA distributions for abortion are subject to income tax.

The tax deduction for medical care is expanded to include exercise equipment and
services, nutritional supplements, and certain primary care fees. Physicians may
deduct uncompensated and charity care.

The bill provides for the establishment and governance of: (1) independent
health pools, which offer health insurance coverage to their members; and (2)
association health plans, which are group health plans sponsored by business
associations.

Individual health insurance coverage is governed by the laws of a state
designated by the health insurance issuer.

The Centers for Medicare and Medicaid Services must (currently, may) waive
Medicaid requirements to enable states to carry out experimental, pilot, or
demonstration projects.

Stop-loss insurance obtained by certain health plans or plan sponsors is exempt
from requirements for health insurance. 

The bill amends the McCarran-Ferguson Act to declare that nothing in that Act
affects antitrust laws regarding health insurance.



                        

Actions

  • Referred to the Subcommittee on Health.

    Feb 17th, 2017
  • Referred to House Judiciary

    Feb 15th, 2017
  • Referred to House Education and the Workforce

    Feb 15th, 2017
  • Referred to House Ways and Means

    Feb 15th, 2017
  • Referred to House Energy and Commerce

    Feb 15th, 2017
  • Referred to the Committee on Energy and Commerce, and in addition to the Committees on Ways and Means, Education and the Workforce, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Feb 15th, 2017
  • Introduced in House

    Feb 15th, 2017
  • Introduced in House

    Feb 15th, 2017