Affordable Care Act Replacement plan outlined

Republicans in the U.S. House of Representatives outline their Affordable Care Act replacement. The proposal introduces a new advanceable, refundable tax credit that would assist with buying health insurance on the individual insurance market. The portable, age-rated credit would be available to those not offered other qualifying insurance and to dependent children up to age 26. To provide transitional relief, the penalty for the individual mandate and the employer mandate would be zeroed-out immediately. Health Savings Accounts would also be made more flexible.