Episode IV: A New Hope. After three previous versions of the House Republican bill to repeal and replace Obamacare failed to garner a sufficient amount of support to advance to the Senate, Vice President Mike Pence on Monday night presented members of the House Freedom Caucus a new proposal that, in theory, would provide states the ability to opt out of key Obamacare regulations that conservatives have been fighting to scrap. The White House is working to put the proposed changes into legislative language that is expected to be released later Tuesday. It will be an amendment to the existing bill and thus would not have to go through the committee process, allowing it to be brought to the floor more quickly assuming it has sufficient support.

Conservatives have opposed previous versions of the repeal and replace legislation, because it didn’t go far enough in repealing Obamacare’s regulatory regime that drives up premiums. Last week, members of the Freedom Caucus revealed to the Washington Examiner that their demands were down to repealing four of the 12 core Obamacare mandates. They wanted insurers to be able to offer coverage that didn’t have to include the 10 categories of benefits set by Obamacare, and they also wanted to allow insurers to be able to charge based on risk — in other words, allow them to charge more for individuals who are sicker, and thus less to those who are generally healthy and don’t have the need for expensive comprehensive coverage.