A leaked draft of a House bill to repeal and replace Obamacare fills in important new details of how Republicans would remake the healthcare law, the Washington Examiner reported.
The discussion draft, which is dated Feb. 10, envisions phasing out big parts of the Affordable Care Act by 2020, including rolling back its Medicaid expansion and switching its insurance subsidies from income-based to age-based.
It also seeks to ease regulations on insurers, eliminating the federal list of essential health benefits they must cover and directing states to write the rules instead. It allows insurers to charge older people up to five times what they charge younger people, instead of just three times. And while it gets rid of the law’s mandates to buy coverage, it says insurers may charge consumers 30 percent more in premiums if they don’t maintain continuous coverage.