Republicans in the U.S. House of Representatives have unveiled the American Health Care Act, legislation that would repeal and replace ObamaCare.
The two measures dismantle the core aspects of ObamaCare, including its subsidies to help people buy coverage, its expansion of Medicaid, its taxes and its mandates for people to have insurance.
In its place, Republicans would put in place a new system centered on a tax credit to help people buy insurance.
That tax credit would range from $2,000 to $4,000 a year, increasing with someone’s age. That system would provide less financial assistance for low-income and older people than ObamaCare, but could give more assistance to younger people and those with somewhat higher incomes.