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Ryan: Tom Price's 'Empowering Patients First Act' will be the basis for ObamaCare replacement


We've been big fans of H.R. 2300 around here for some time now. Back in 2013 the boss wrote about then-Congressman, now-HHS Secretary Tom Price's proposal to replace ObamaCare, mainly (at the time) to counter the liberal/media notion that Republicans had no ideas for what to do: 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.
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