Friday, June 30, 2017

Trump Considers Plan B: Repeal Obamacare Now, Replace Later

Throughout the 2016 campaign and after his election, Donald Trump has told Americans that he would lead Congressional Republicans to "repeal and replace" Obamacare.

Many times, on camera, he said it would be simultaneous, or at least on the same day or week. Specifically, he told us that it wouldn't be months apart.

But today, we get this from Trump:

Now, while he considers this option, let's take a trip on the "way-back machine."

Check the 1:50 mark:

According to CNN, just repealing the Affordable Care Act without no replacement would have a devastating effect.

That move would probably leave 18 million more people without coverage in the first year after its enactment and 32 million more by 2026, according to a Congressional Budget Office report that looked at an earlier GOP bill to repeal Obamacare.

It would also cause premiums on individual market policies to increase by up to 25% the first year and to nearly double by 2026.

All this would happen mainly because the individual mandate -- which requires nearly all Americans to get coverage or pay a penalty -- would be repealed. But some insurers would also likely pull out of the market, the CBO said. The remaining carriers would likely raise rates dramatically because the remaining enrollees would tend to be older and sicker.

No comments:

Post a Comment