Politics: HR 2300: Yes, there is a Republican plan to replace ObamaCare | Best of Cain

Politics: HR 2300: Yes, there is a Republican plan to replace ObamaCare | Best of Cain: "Even during the ObamaCare debate, there were any number of Republican proposals. The most significant one at the moment was recently introduced in the House of Representatives by U.S. Rep. Tom Price (R-Georgia), a doctor who is the lead sponsor of HR 2300. He calls it Empowering Patients First.

The basics of the bill are these:

It extends tax deductions for health insurance to those who buy as individuals, thus eliminating the perverse incentive that favored employer-purchased insurance.
It gives patients true portability by making them the owners of their insurance – not their employers.
It gives doctors the real power to make treatment decisions, not insurance companies or the government.
It reforms medical liability laws and thus saves money by reducing the practice of defensive medicine."