(CNSNews.com) - House Republicans on Wednesday will explain how they plan to repeal and replace Obamacare, even though they admit it won't happen unless and until a Republican is elected president.
"We're not going to repeal Obamacare when the current president of the United States is a guy named Obama," House Speaker Paul Ryan told a news confernce Wednesday morning.
"What we're laying out today is a first-time-in-six-years consensus by the Republicans in the House on what we replace Obamacare with. So sure, you're going to see some ideas that we've long been talking about."
Ryan said his goal is not to send the White House another bill for the president to veto: "The goal of this is to show the country a better way on the big issues of the day that get get into law in 2017 with a Republican president."
House Republicans plan to present their health care plan Wednesday afternoon at the American Enterprise Institute. This is one of six topics in the Republicans' "Better Way" agenda.
The health care plan includes the following elements:
-- People without access to employer coverage, Medicare or Medicaid will get a refundable tax credit to help them buy health insurance in the individual market. It allows people to move from job to job, and the tax credit grows larger as a person ages.
-- The plan empowers consumers to choose the care that’s best for them and their budget by expanding the use of health savings accounts.
-- For the 155 million Americans who get health care through work, the Republican plan caps the open-ended tax break on employer-based premiums. This will help
keep premiums low, and rejects Obamacare’s controversial "Cadillac tax."
-- Allow sales across state lines, to boost competition and more-affordable policies.
-- Allow small businesses and individuals to band together through new pooling mechanisms to increase their purchasing power.
-- Supports wellness programs; rewards employees for making healthy choices.
-- Enact real medical liability reform.
-- The plan includes coverage for people with pre-existing conditions, regardless of age, income, or circumstances.
-- Allows dependents up to age 26 to stay on their parents' health care plan.
-- Transforms the federal-state Medicaid program for the poor by turning it into state block grants or individual per-capita allotments to hold down spending.
-- Enforcement of the Hyde Amendment. The plan bars federal taxpayer dollars from being used for abortion or abortion services.