On Thursday Senator Rand Paul released a bill called the Obamacare Replacement Act (S. 222). As its name implies, it forms the foundation of a plan to replace Obamacare, and in typical fashion for Senator Paul, it does so with free market reforms and lower taxes. The bill expands the use and size of Health Savings Accounts (HSAs), gives individuals the right to pool together for purposes of purchasing insurance, protects Americans with pre-existing conditions, restores pre-Obamacare HIPAA guarantees for Americans with pre-existing conditions and more.
Rand Paul previews Obamacare replacement plan! 01 15 2017
Here you can read an explanation of the bill from Senator Paul’s office.
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Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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