Share

Republican-led senate takes first step to repeal Obamacare

And to those Democrats who fight Trump on his plan to repeal and replace Obama’s signature health care legislation, the billionaire businessman promised to campaign against them in the states he won on Election Day.

Advertisement

House to vote on Obamacare repeal.

President-elect Donald Trump said this week that he expects Congress to act swiftly, promising that a plan will be coming as soon as his pick for Health and Human Services secretary, Rep.

Meanwhile, more than 20 million people are now benefiting from Obamacare, either by purchasing private insurance on the ACA exchanges or receiving health coverage through the Medicaid expansion.

MONEY talked to experts to bring you answers to three common questions. The senators said the delay would “ensure that we move forward with a smart, responsible plan to replace the law as quickly as possible”. He said Republicans will pass as much as they can initially and then more later that will show “the full scope of what a real replacement effort looks like”. Thing is, that’s much easier said than done. He also said he favors allowing unlimited savings in health savings accounts and letting major insurers sell policies across state lines–proposals that Trump has also endorsed.

What’s more, Republicans are hardly in lock-step agreement about how to proceed.

When he says in the same bill, what I think he’s talking about is that they believe they can include working in the reconciliation bill they will use for repeal that also sets in law the essential framework of the replacement bill. A growing chorus of interests, including the insurance industry, pharmaceutical companies, hospitals and other health facilities and Republican governors are warning of a dire situation if Congress moves ahead with repeal legislation without any idea of how to replace it. Why no plan to replace it? “So we want to advance repealing this law with its replacement at the same time”.

Republicans plan to get legislation voiding Mr Obama’s law and replacing parts of it to Mr Trump by the end of February, House majority leader Kevin McCarthy said on Wednesday.

Meadows said that “without a doubt”, he wants Republicans to have coalesced behind a plan by the congressional Republicans’ retreat at the end of this month in Philadelphia. Some approaches haven’t even been put into legislative language. “Too many feel they’re worse off than they were before Obamacare”. “That means more Americans won’t be able to afford coverage, and others won’t be able to find it at all”.

Meanwhile, said of the President-elect’s statement at his press conference.

The fourth annual open enrollment period started on November 1 and ends on January 31, 11 days after Trump’s inauguration. Nationally, enrollment as of December 24 was at 11.5 million, an increase of 286,000 people over past year.

Advertisement

In addition, Obamacare’s repeal can cause 2.6 million jobs lost across the U.S.in 2019, according to a report by private nonpartisan foundation The Commonwealth Fund last week. More than 11.5 million people had signed up for Obamacare marketplace coverage as of December 24, 2016, according to that report.

Barack Obama the fight for his legacy has begun