Supplement: SHDI Explanation
- Fully Repeals Obamacare: AHCRA goes into effect on January 1, 2018 and fully repeals the president’s health care law.
- Increases Access to Affordable, Portable Health Insurance: AHCRA levels the playing field between people who receive their insurance through their employer and those who purchase it on the individual market by creating a standard deduction for health insurance. Under the RSC’s plan, individuals with qualifying insurance receive a $7,500 tax deduction and families receive a $20,500 deduction.
- Expands Insurance Access for Vulnerable Americans: AHCRA ensures those with pre-existing conditions have access to health insurance by expanding federal support for state high-risk pools and expanding portability so Americans can easily move between insurance markets without fear of discrimination based on health status.
- Spurs Competition Between Insurers: AHCRA allows people to shop for and purchase insurance plans across state lines, like other forms of insurance already allow. The plan also allows small businesses to pool together to negotiate for better rates.