February 5th, 2015 8:27 pm
New GOP ObamaCare Alternative
Here’s a look at the newest Republican alternative to ObamaCare.
According to the plan’s authors – Rep. Fred Upton of Michigan, plus Senators Richard Burr of North Carolina and Orrin Hatch of Utah – the plan would rein in Medicaid’s burgeoning costs by turning it into a block grant.
That’s not all.
Among other things, the Patient CARE Act would:
- Enact medical malpractice reforms to reduce frivolous lawsuits
- Require basic price transparency to inform and empower patients
- Cap the exclusion of an employee’s employer-provided health coverage
- Create a targeted tax credit to help buy health care
Billed as a “Bicameral Republican Blueprint,” this proposal has support from three powerful members of the GOP in Congress. Once they produce more details, then we’ll see how many votes they can muster.