President Donald Trump: Health care replacement could take until 2018

Senate Minority Leader Chuck Schumer promised no cooperation from Democrats unless there will be a repeal-and-replace package at the same time, and "So long as it covers as many people as the ACA, so long as it helps bring healthcare costs down, so long as it doesn't move our healthcare system backward".

Trump told Fox News that it could take until 2018 to roll out his proposal to replace the Affordable Care Act, more commonly known as Obamacare.

In a letter [PDF] sent last week, the American Hospital Association tried to impress upon President Trump the importance of continuity of coverage.

"It statutorily takes a while to get", Trump said.

"We're going to be submitting, as soon as our secretary is approved, nearly simultaneously, shortly thereafter, a plan", Trump said then.

"You have to remember Obamacare doesn't work so we are putting in a wonderful plan", he added. "And I think that before the end of the year I would like to say yes".

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However, the Congressional Budget Office noted that repealing Obamacare without any concrete substitute plans could leave more than 30 million Americans uninsured by 2026.

"If you're going to repeal the Affordable Care Act, we need to have the cuts repealed as well", said the CEO of Tennessee-based hospital operator LifePoint at a recent conference.

Enrollment in the Affordable Care Act during the fourth open enrollment period was down for the first time with a total of 9.2 million sign ups, a drop of almost 500,000 from the year before.

OLDWICK, N.J. -(BUSINESS WIRE)-U.S. health insurance companies remained profitable in 2016 as net income improved to $9.4 billion at third-quarter 2016 compared with $8.7 billion in the same prior-year period, despite the negative impact for many plans from the health exchange marketplace. Obamacare allows young people to stay on their parents' health insurance until their 26th birthday.

While she does benefit from the current health care plan, Ambritz said she is optimistic for the new reform and feels that "all things have room for improvement". I say more power to the pea-brainers!

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