[I]t includes many of the best revisions in the Senate Republican 'Better Care Reconciliation Act.' It repeals Obamacare’s individual and employer mandates and subsidies; allows for the expansion of Health Savings Accounts; enables states to reform their Medicaid programs; and eliminates more than $235 billion in taxes.Specifically, the bill, according to Sen. Bill Cassidy (R.-La.):
- Repeals Obamacare Individual and Employer Mandates.
- Repeals the Obamacare Medical Device Tax.
- Strengthens the ability for states to waive Obamacare regulations.
- Returns power to the states and patients by equalizing the treatment between Medicaid Expansion and Non-expansion States through an equitable block grant distribution.
- Protects patients with pre-existing medical conditions.