Media coverage:
http://www.msn.com/en-us/news/politi...ent/ar-AAmeDyQ
http://dailycaller.com/2017/01/25/se...lacement-plan/
https://mishtalk.com/2017/01/25/rand...ish-proposals/
http://reason.com/blog/2017/01/25/se...eplacement-for
http://www.medscape.com/viewarticle/874934
• Provides a two-year open-enrollment period under which individuals with pre-existing conditions can obtain coverage.
• Restores HIPAA pre-existing conditions protections. Prior to Obamacare, HIPAA guaranteed those within the group market could obtain continuous health coverage regardless of preexisting conditions.
That's to cover those who worry about mass insurance deprivation without Obamacare. But interesting market innovations are in the bill to change the game as well:
• Replaces the existing open-ended tax exclusion for employer-provided health insurance with a universal deduction on both income and payroll taxes that would provide the same level of benefit regardless of how an individual obtains their health insurance.
Paul lamented in a conference call for media introducing the bill this afternoon that some were interpreting this as eliminating the employee tax deduction; it is not, merely extending it to individuals paying for their own as individuals or in a market-formed group.
The latest GOP proposal to replace the embattled Affordable Care Act (ACA) predictably hews to popular Republican approaches to healthcare reform, but also contains some surprising provisions that directly benefit physicians.
--snip--
Under a bill introduced yesterday by Sen. Rand Paul, MD (R-KY), physicians could deduct the value of charity or uncompensated medical care on their taxes up to 10% of their gross income. The bill, titled the Obamacare Replacement Act, also would allow independent physicians to join together and collectively bargain with private insurers, which is now prohibited by federal antitrust laws.
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