Ryan said the new legislation, called the American Health Care Act, fulfilled Republican promises to repeal and replace Obamacare and would help to unburden average Americans from high healthcare costs.
“If we did nothing, the law would collapse and leave everybody without affordable healthcare,” Ryan said at a press conference with other House GOP leaders.
“We are doing an act of mercy by repealing this law and replacing it with patient-centered healthcare reforms.”
Ryan also said the ACA was “collapsing” on its own, despite relatively stable enrollment numbers in the individual insurance exchanges over the past few years.
The speaker claimed the bill was being progressed transparently, as opposed to the ACA, which he said was “jammed through to an unsuspecting country.”
The new plan, however, has not yet received a score from the Congressional Budget Office to assess its budgetary or coverage effects.