https://www.collins.senate.gov/sites/default/files/Sen.%20Collins%20Floor%20Remarks%20on%20Patient%20Freedom%20Act.pdfthere are also articles based on this but they're all incredibly biased and cherrypicky so i'm just linking the actual document so you can form your own opinions.
imo it's literally a chaotic version of the ACA, still enforcing some of the obamacare provisions: keeping the no declining pre existing provisions clause and no "cap" on benefits but removing the individual mandate
but states are given 1 of 3 choices:
1. keep the ACA (??? isnt this a universal bill wouldnt it not work if its only a few states doing it ???)
2. forego the ACA partially and go for a HSA approach, the government gives the state federal funding similar to the ACA, but this funding is used to fund HSA's (which is a healthcare tax free account) to people who are eligible (poor people) and essentially give them a health stamp card to buy healthcare plans with it, the government is also required to provide a high deductible, basic prescription low premium plan to people who are not eligible for medicaid or employer covered healthcare and is eligible for said HSA. which states could automatically enroll to ensure healthcare access and you can choose to forego it for a more expensive premium option or nothing at all.
basically: Annoying Orangecare, it really isn't that much different for the end result, it's obamacare except Annoying Oranges name.
3. forget you bitches my states going solo (you lose federal funding going this route, but you also get to essentially ignore the bill)
honestly i see it as a slightly worse obamacare solely because of the loss of the individual mandate being the biggest change really, unless there happens to be some states that are handicapped enough to choose option #3 and maybe #1 with the huge damage to the ACA with this bill.
well, option #3 isn't THAT bad. imagine if vermont chooses option #3 and just dumps insurance altogether for a universal payer healthcare option. that would be an amazing bernie sanders move if they do choose to go with Annoying Orangecare.
edit #1: oh and there will be no tax decreases at all, not even reversing the tax increases from the ACA