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US Republicans Unveil Healthcare Plan to Replace Obamacare

© Fotolia / Yaroslav PavlovFifty six percent of Americans disapprove US President Barack Obama's Affordable Care Act (ACA), otherwise known as Obamacare
Fifty six percent of Americans disapprove US President Barack Obama's Affordable Care Act (ACA), otherwise known as Obamacare - Sputnik International
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US Republican House Speaker Paul Ryan rolled out a blueprint of a comprehensive plan on Wednesday to rival the Affordable Care Act, better known as Obamacare.

MOSCOW (Sputnik) — Opinion polls have shown that slightly over a half of the US population favors repealing the 2010 Obamacare, which has been accused of unaffordable costs and overly tight regulations.

The 37-page blueprint offers a glimpse into a more market-based healthcare insurance system, with fundable tax credits to help people afford health insurance.

"In this plan, innovative, market-based, patient-centered solutions replace Obamacare’s one-size-fits-all, Washington-knows-best approach," the draft reads.

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It promises to "bend the health care cost curve down while preserving health security for America’s seniors and most vulnerable" by capping Medicaid payments and raising Medicare retirement age.

Republicans have been in opposition of US Democrat President Barack Obama’s signature healthcare law since its adoption six years ago. They criticize it for increasing healthcare costs, reducing access to providers and restricting patients’ ability to choose a coverage plan.

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