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Trump priorities for the White house agenda, 2018
Lee Spieckerman, a former Newt Gingrich presidential campaign advisor, and President of the Trump agenda in the coming year.
President Trump tweeted from his holiday at the Mar-a-Lago, predicted on Tuesday that the newly passed tax bill repeal of ObamaCare, the individual mandate will unravel, the 2010 law in its entirety and an incentive for a bipartisan health overhaul.
“Based on the fact that the very unfair and unpopular Individual mandate has been terminated, as part of our Tax Cut Bill, which essentially eliminated (over time) ObamaCare, the Democrats & Republicans come together eventually and develop a great new health care plan!” Trump tweeted.
Based on the fact that the very unfair and unpopular Individual mandate has been terminated, as part of our Tax Cut Bill, which essentially eliminated (over time) ObamaCare, the Democrats & Republicans come together eventually and develop a great new health care plan!
— Donald J. Trump (@realDonaldTrump) December 26, 2017
The repeal of the Affordable Care Act’s requirement to buy health insurance was a major victory for the Republicans, fought on to ObamaCare earlier this year. The measure strikes a major blow for the former President Barack Obama’s signature health law.
What comes next, however, is unclear. While Trump described the mandate as synonymous with the repeal of the whole act, other parts of the ACA remain in force.
TAX RULING STRIKES BLOW TO OBAMACARE: WILL IT SURVIVE?
But the individual mandate is the linchpin of the programme is to ensure that the young and healthy customers to buy into the system, to offset the cost of the acquisition of more sick and older customers.
Without a mandate, millions drop out of the insurance pool, as you will not face a penalty for non-compliance.
According to official estimates, 4 million people would be uninsured the year, secures the mandate repeal to take effect, and 13 million more Americans would be uninsured by about 2027.
This could mean more premium pain for those still in the system, for now. The average premiums are estimated to increase by 10 percent – a prediction, the Democrats are quick to invoke, the rays of the repeal of the inclusion in the tax bill.
“You are going to pay a price for that in premiums,” house Democratic leader Nancy Pelosi, D-Calif., said last week.
Senate Minority Leader Chuck Schumer has opened the door to new health care legislation.
Premiums, though, were rising before the mandate.
The big question will be whether the insurance company can adjust the markets, or whether the fallout is so significant that it spurs Congress, the hammer on a comprehensive health care overhaul.
Senate Minority Leader Chuck Schumer, D-NY, while blasting Republicans opened the door to a certain type of new legislation
“We need new laws in order for the Republicans’ latest attempt, our health care system,” Schumer said last week.
Fox News’ Brooke Singman contributed to this report.