McCain Introduces Bill to Repeal and Replace Obamacare

He says his plan would save America trillions of dollars.

U.S. Senator John McCain (R-Ariz.), shown talking last week to reporters, on Sunday outlined several concerns about a deal reached by Iran and six other governments to address the Middle Eastern nation's disputed nuclear activities.
National Journal
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Clara Ritger
Dec. 18, 2013, 10:21 a.m.

John Mc­Cain in­tro­duced le­gis­la­tion Wed­nes­day to re­peal and re­place the Af­ford­able Care Act, cit­ing an over­due re­spons­ib­il­ity of the Re­pub­lic­an Party to present an al­tern­at­ive to the pres­id­ent’s health law.

“Obama­care is a fail­ure and the Amer­ic­an people do not be­lieve in it,” the Re­pub­lic­an sen­at­or from Ari­zona said on the Sen­ate floor. “It isn’t just the prob­lems with the rol­lout and the web­site. We need to re­peal this hor­rendous mis­take.”

The Mc­Cain plan would make tax de­duc­tions and ad­vance cred­its avail­able for pur­chas­ing in­sur­ance; cre­ate more af­ford­able op­tions for people with preex­ist­ing con­di­tions; aim to stop frivol­ous law­suits against pro­viders; es­tab­lish qual­ity meas­ures; and of­fer dis­counts to healthy in­di­vidu­als.

Mc­Cain said his al­tern­at­ive would save the United States $2.37 tril­lion over the first dec­ade.

He cited low pub­lic opin­ion of Obama­care, “re­dis­tri­bu­tion of wealth,” a “de­struct­ive” tax on med­ic­al devices, and the dis­ap­point­ment for Amer­ic­ans who have re­ceived  can­cel­la­tion no­tices among his many reas­ons for in­tro­du­cing the le­gis­la­tion.

Up­date (4:21 p.m. EST): The Mc­Cain bill is the Sen­ate com­pan­ion to the Em­power­ing Pa­tients First Act sponsored by Geor­gia Re­pub­lic­an Rep. Tom Price earli­er this year. There are no dif­fer­ences between the two pieces of le­gis­la­tion, ac­cord­ing to a Mc­Cain aide. The sec­tion-by-sec­tion of the House bill is avail­able here.