House Republicans have unveiled their replacement for the Affordable Care Act of 2010, which is named the American Health Care Act. The proposal would eliminate the mandate that the ACA implemented as regards every citizen having health insurance, and would replace it with a system of tax credits. it will also halt the expansion of Medicaid the ACA provided for.
However, the law would keep three significant ACA provisions: "the prohibition on denying coverage to people with pre-existing conditions, the ban on lifetime coverage caps and the rule allowing young people to remain on their parents’ health plans until age 26."
Some Republicans are unhappy with the proposal, and have labelled it "Obamacare-lite" and "Obamacare 2.0."
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