Thanks, Brooklynguy.
Here's a decent overview of the Hatch-Upton-Burr Republican proposal to overhaul Obamacare.
http://www.nytimes.com/2015/02/05/us/politics/gop-lawmakers-propose-alternative-to-obamacare.html?_r=0It's not half bad honestly, but doesn't go far enough to actually overhaul our healthcare delivery system.
Here's the senators' own overview of their plan.
http://www.hatch.senate.gov/public/index.cfm/releases?ID=e2ba7198-3031-4a62-992c-42caec55f00eIn a nutshell the HUB proposed ACA overhaul would keep prohibition against discriminating against pre-existing conditions and provide some form subsidies which will probably be lower than current ACA subsidies. However depending on how those subsidies are implemented, it might be possible to buy a bare bones policy with more narrow coverage and still receive the same subsidy. If you can jump between coverage levels each year without penalty, this would be great (temporarily) for some individuals.
The HUB proposal also makes it possible to pay health insurance premiums from HSAs. Big win for those of us with $50-60k in the HSA.
My general take on the HUB proposal is that it keeps enough complexity to allow gaming the system. Great for me, not so good for the average person.
Another key take away from the HUB proposal is that it keeps the rough shape of ACA (subsidies, no pre-existing conditions). There must be enough popular demand to keep the ACA relatively intact. If that's the atmosphere in Washington (ie no one wants to propose a complete scrapping of subsidies), then good news if you're planning on FIREing and relying on ACA subsidies. Sure, you might get a few thousand less in premiums, but you'll still get some level of certainty over healthcare spending.
Edit to add: I'm not so sure whether the pre-existing condition protections will truly remain in place. In one example, they state that someone would have to undergo medical underwriting if they don't initially sign up for a healthcare plan. Which means you, dude with a horrible pre-existing condition, would potentially pay tens of thousands of dollars per year (they can't deny coverage, but who says it has to be affordable!).
The deregulation of "essential health care" might also mean some states might not cover basics like birth control for women ($40/yr at walmart, but hey, why prevent a $7000 pregnancy amiright?).