Hatch-Brady Proposal Would Reform Obamacare While Funding Cost-Sharing Reduction Payments. Plan would eliminate individual and employer mandates for a period of time, expand health savings accounts.

The Washington Free Beacon reports:

Sen. Orrin Hatch (R., Utah) and Rep. Kevin Brady (R., Texas) have introduced a proposal that would reform Obamacare while providing funding for cost-sharing reduction payments.

The cost-sharing reduction payments, which lowers the amount an individual has to pay for copays, deductibles, and coinsurance, would be funded until 2019 and include pro-life protections. The proposal also states that insurers will have to meet certain requirements to receive the payments to avoid "double dipping."

The Hatch-Brady proposal would also waive the individual mandate, which forces individuals to purchase health care or pay a fine, until 2021. The employer mandate would also be waived from 2015 to 2017, and they would be exempt from penalties if they hadn't provided coverage. Finally, the proposal would also expand health savings accounts to lift the maximum contribution limit.

HatchCare?