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Politics

Trump’s Obamacare repeal easier said than done

Opening sequence

Opening sequence

Politics

Trump’s Obamacare repeal easier said than done

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COMING UP:Trump’s Obamacare repeal easier said than done

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Transcript

00:00:00
>> We will be able to immediately repeal and replace ObamaCare, have to do.
APPLAUSE
On the campaign trail, Donald Trump vowed to repeal ObamaCare, but in the White House, making good on that promise may be easier said than done. Reuters Health Care reporter, Caroline Humer.>> It's pretty clear that he's going to do something that he calls repeal.
00:00:19
But, some experts say that's probably going to be just having to go after it piece by piece because he doesn't have the majority that he needs in to just push it through. It seems likely that he'll target something called budget reconciliation, which is basically using the budget to remove the financing for it.
00:00:36
But it's going to leave behind the things that are in the law, like preventive health benefits and keeping young adults on their parents' coverage.>> On Friday, Trump told the Wall Street Journal that after speaking with President Obama, he would consider keeping those two aspects of the law intact.
00:00:53
President Obama's signature healthcare law has extended medical insurance to 25 million Americans and the White House said this week that enrollment spiked on Wednesday, with more than 100,000 people signing up for plans. Republican lawmakers have voted more than 50 times to repeal all or part of the law.
00:01:10
Senate majority leader Mitch McConnell reiterating that desire Wednesday.>> It's a pretty high item on our agenda as you know.>> But trying to repeal the law could also be politically risky.>> Health policy experts on the right, say that they need to pull it apart, but they need to replace it.
00:01:27
Nobody thinks that he should just rip the rug out from underneath it, because there's a political risk to taking 20 million or more people off of insurance. That could make them very unhappy.>> But those signed up for 2017 coverage, it would be legally difficult for Trump to cancel them before their one-year contract runs out.
00:01:46
But with rates expected to rise in the coming year, some may already be contemplating a change.