Rep. Phil Roe, R-Tenn., who led a small group that drafted the study committee measure, said the tax deduction would ensure that individuals and families enjoy "the same buying power" as employers who are permitted to deduct the cost of coverage they provide to their workers.
He also said the commitment of $25 billion over 10 years to defray the cost of coverage for high-risk patients would ease a problem caused when funding provided under Obama's plan ran out. Premiums in the high-risk pools would be capped at twice the average cost of insurance sold in the state.
Individuals with pre-existing conditions who already have coverage would generally be permitted to shift existing insurance without fear of losing it.
The legislation also includes expanded access to health savings accounts, which are tax-preferred accounts used to pay medical expenses by consumers enrolled in high-deductible coverage plans.
The RSC legislation includes a number of proposals that Republicans long have backed to expand access and hold down the cost of health care, including features that permit companies to sell policies across state lines and that let small businesses join together to seek better rates from insurers.
In addition, awards for pain and suffering, emotional distress and similar noneconomic damages in medical malpractice cases would be capped at $250,000, unless a state had a higher cap.
No overall cost estimates for the bill were available.