On Monday, February 27, President Trump held a listening session with health insurance CEO’s in the continual efforts to repeal and replace Obamacare. Executives from the largest U.S. health insurers including Aetna, Cigna, Kaiser Permanente, UnitedHealth Group, Independence Blue Cross and BlueCross BlueShield of North Carolina were in attendance.
In his opening remarks, Trump undoubtedly went on to say “We must work together to save Americans from Obamacare” and spoke highly of his new plan. No specifics, however, were given. “We have a plan that’s going to be fantastic,” said Trump. “A very competitive plan, costs will come down, health care will go up very substantially. People will like it a lot.”
In recent weeks, different versions of the GOP plan to repeal and replace the Affordable Care Act have surfaced. Details on those leaks include eliminating the subsidies based on people’s income, cut back on Medicaid spending, and limiting tax breaks on generous plans people get at work. A growing division within the GOP on what laws to eliminate and which ones to keep is a brewing issue, which has the potential to delay the introduction of a new plan.
Following the meeting, AHIP issued the following statement: “We were pleased to meet with President Trump, Vice President Pence, and Secretary Price at the White House today. During the meeting, we discussed how our experience, expertise, and lessons learned from the past inform our solutions to deliver both short-term stability and long-term improvement. When we all work together, we can make health care better.”
Lawmakers plan to release a final draft of the bill to repeal Obamacare on March 6 which will leave us closer to finding out the fate of the ACA.