House Speaker Paul Ryan is touting the House Republicans’ newly released bill to replace the Affordable Care Act, saying the effort will “rescue our health care system from this disastrous law.”

The GOP plan, called the American Health Care Act, would eliminate the ACA’s individual mandate to have health insurance. Instead, it would encourage people to get health insurance and remain covered by letting insurers hike premium rates significantly for those who don’t. It would also give monthly tax credits to help people buy health insurance.

The bill would also phase out the ACA’s Medicaid expansion and transition the funding for the Medicaid program to a “per capita allotment.” It would also keep some of the law’s most popular provisions, such as letting people stay on their parents’ plan until they’re 26 and banning health insurers from denying people coverage if they have a pre-existing condition.

The Janesville Republican said the bill would “drive down costs, encourage competition and give every American access to quality, affordable health insurance.”

“Working together, this unified Republican government will deliver relief and peace of mind to the millions of Americans suffering under Obamacare,” Ryan said in a statement. “This will proceed through a transparent process of regular order in full view of the public.”

But Scot Ross of liberal advocacy group One Wisconsin Now said the “idea [Ryan] would cut anyone from the lifeline of their health care is as disgraceful as it is heartless.”

“Paul Ryan’s scheme is about appeasing his right wing, tea party caucus so he can keep his speakership, not about what’s best for people in Wisconsin and across the country,” Ross wrote.

Read the bill:

See One Wisconsin Now’s Facebook post:

Read Ryan’s statement:

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