This act would repeal the “Rhode Island Health Care Reform Act of 2004 — Health Insurance Oversight” and the “Rhode Island Health Benefit Exchange.” The act would establish a universal, comprehensive, affordable single-payer health care insurance program and help control health care costs, which shall be referred to as, “the Rhode Island Comprehensive Health Insurance Program” (RICHIP). The program will be paid for by consolidating government and private payments to multiple insurance carriers into a more economical and efficient improved Medicare-for-all style single payer program and substituting lower progressive taxes for higher health insurance premiums, co-pays, deductibles and costs due to caps. This program will save Rhode Islanders from the current overly expensive, inefficient and unsustainable multi- payer health insurance system that unnecessarily prevents access to medically necessary health care. This act would take effect upon passage.