The GOP's Latest Strategy to Dismantle Obamacare Unveiled -- Here's What You Need to Know

Senate Republicans have presented yet another plan to repeal and replace the Affordable Care Act, widely known as Obamacare, and this time around, their proposal shifts the responsibility of providing health insurance to the states. A state-based health insurance plan would provide flexibility, but this proposal might not pass, because it includes waivers of essential health provisions that could cause premiums to spike for older Americans and people with pre-existing conditions. 

More than 10 million Americans purchase health insurance through the Obamacare marketplaces, and another 17 million Americans have become insured by Medicaid because of Obamacare provisions that eased enrollment qualifications in over 30 states.

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Source: Fool.com