Below are five of the biggest developments in the newly drafted Better Care Reconciliation Act.
- New rules, first introduced by Sen. Ted Cruz, R-Texas, would allow insurers to sell plans on state exchanges that do not comply with minimum coverage standards so long as they also offer plans that do comply with those standards.
- The bill would allow people to pay their premiums using tax-friendly health savings accounts.
- The investment income and payroll taxes on wealthy individuals that earlier drafts of the bill attempted to repeal are retained in this version of the bill.
- The bill includes $45 billion in additional funding for combating the opioid epidemic.
- The bill allows tax credits to be used to purchase catastrophic insurance plans, which offer low premiums but high deductibles.
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