Jeb Bush offers plan to repeal, replace ACA: 9 things to know

Former Florida governor and current Republican presidential candidate Jeb Bush has joined other GOP presidential hopefuls by pledging to repeal the Affordable Care Act and has issued a broad proposal to replace the healthcare law.

Here are nine things to know about Mr. Bush's ACA replacement plan.

1. Mr. Bush's campaign said his plan to repeal and replace the ACA would accomplish three things: "promote innovation," "lower costs" and "return power to states," according to The Washington Post.

2. Mr. Bush said he would give states more power in establishing an ACA replacement plan. He would leave states in charge of overseeing a "transition plan" for people who currently get coverage under the law, according to The Wall Street Journal.

3. The proposal would loosen the requirements on individual insurance coverage. Mr. Bush's plan would allow people to buy lower-cost plans that offer fewer benefits.

4. The plan would "provide a tax credit for the purchase of affordable, portable health plans that protect Americans from high-cost medical events," according to The Washington Post.

5. Mr. Bush said he would like to see a greater spread of health savings accounts and is proposing an increase in contribution limits and uses for HSAs, according to The New York Times. Mr. Bush said this move would help individuals address out-of-pocket healthcare costs.

6. Mr. Bush's campaign said the proposal will enable "small businesses to make tax-free contributions to their workers' individual, portable health plans," according to The Washington Post.

7. Mr. Bush's plan includes changes for employers, as he wants to cap the tax benefit that employers currently get for providing health insurance to their workers, according to The Wall Street Journal.

8. Mr. Bush didn't offer details as to how he would go about overturning the ACA.

9. Mr. Bush is expected to offer more details about the ACA replacement plan during his speech in Manchester, N.H., on Tuesday.

 

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