Published: Tue, February 07, 2017
National | By Traci Kelley

President Trump: Obamacare Repeal May Take Until 2018

President Trump: Obamacare Repeal May Take Until 2018

His comments represent a major shift from promises that he and Republican leaders have made about repealing and replacing the act as quickly as possible.

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.

When it comes to health care, it seems that President Trump is learning that same lesson.

"We're going to be submitting, as soon as our secretary is approved, nearly simultaneously, shortly thereafter, a plan", Trump said in January. "When your head hits the pillow, do you ever say to yourself, I can't believe I am here?" Trump added that it did not work which is why his administration was working on a new plan. We're going to be putting it in fairly soon.

On that same day, the Small Business Committee will hold a hearing on the health insurance market and how Republican alternatives will improve access and affordability for us citizens across the country, he said.

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Even though Trump said Obamacare "doesn't work", an estimated 19 million people gained coverage under the Affordable Care Act from 2010 to 2015, according to the Robert Wood Johnson Foundation.

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. The idea is that, because the ACA requires most people to have some sort of health insurance, hospitals will be treating more paying patients.

But in the time since the law went into effect, it has helped as many as 20 million people get insurance who didn't have it before, according to the Department of Health and Human Services.

"It was the worst deal I've ever seen negotiated, I think it was a deal that should never have been negotiated", Trump said.

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