According to our friends at Freedom Works:
“Section 1 of his bold, principled plan repeals ObamaCare in its entirety. That alone would make it worth supporting, but he goes much farther. Inspired by the vision of a truly patient-centered system, his bill addresses the spiraling cost of health care and lack of consumer control in a number of commonsense ways.”
The OPTION Act eliminates the requirement that HSAs be attached to high-deductible health plans, allowing all Americans to save money for a rainy day tax-free.
The bill doesn’t directly address Medicaid, as Broun had co-sponsored another bill, the State Health Flexibility Act, that converts Medicaid into a series of block grants for the states. https://www.congress.gov/bill/113th-congress/house-bill/567
And Avik Roy has some good things to say about it! http://www.forbes.com/sites/aroy/2012/04/07/the-tea-partys-plan-for-replacing-obamacare