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Announcement set for a new Obamacare replacement plan

As we wait to hear a decision in King v. Burwell, conservatives are ready with an Obamacare replacement plan.

Another Obamacare replacement plan, the American Health Care Reform Act, is expected to be announced on Tuesday by the conservative Republican Study Committee.

The wait is on for the U.S. Supreme Court’s King v. Burwell decision this month — a case that could invalidate ObamaCare subsidies that help more than 7 million people afford health insurance. This plan is a revised version of a bill that was released in 2013.

The previous version included tax breaks to help people afford insurance and provided “funding for state high-risk pools aimed at people with pre-existing conditions,” The Hill reported.

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The House’s response to the court ruling is being crafted by three committee chairmen, Reps. Paul Ryan (R-Wis.), Fred Upton (R-Mich.) and John Kline (R-Minn.).

Whether or not the Obamacare subsidies would be maintained temporarily, should the case turn in favor of the plaintiffs, is one of the key questions being debated by Republicans.

In addition to these new plans, the House Energy and Commerce Committee on Thursday will hold a hearing to consider a bill to reform menu-labeling rules under the health law. The bill would allow companies that receive less than half of their revenue from prepared foods to refrain from providing calorie count information.

In addition to that bill, the Energy and Commerce Committee will take a look at payment discrepencies under Medicaid. The examination comes as a result of the 6.7 percent payment error rate in 2014, which ended up equaling roughly $17,5 billion.

“Subcommittee members will discuss the integrity of the Medicaid program as part of the committee’s ongoing effort to ensure the program is able to deliver on its core promise of providing for the most vulnerable,” the committee said in a statement, according to The Hill.

Photo: Flickr user Lucas Moratelli