Speed Reads

ObamaCare repeal and....?

Hospitals warn that repealing ObamaCare could spark 'unprecedented public health crisis'

On Tuesday night, President-elect Donald Trump repeated his pledge to repeal the Affordable Care Act, and as Vice President-elect Mike Pence met with congressional Republicans, the big question was how long before the repeal takes effect, with options ranging from six months to three years. Also on Tuesday, the two major trade groups representing hospitals warned Trump and GOP leaders in Congress that repealing ObamaCare could cost U.S. hospitals $165 billion by 2026 and force "an unprecedented public health crisis."

When Democrats wrote the Affordable Care Act over 14 months, they carefully balanced the needs of the various sectors in the health care industry, and the American Hospital Association and the Federation of American Hospitals argued in a Washington, D.C., press conference that the flood of uninsured patients would cause massive losses at hospitals. If it repeals the law, the hospital industry said, Congress needs to step in with financial aid. The groups, citing a study, estimated that based on the only ObamaCare repeal law Congress has passed (and Obama vetoed), 22 million more people will be uninsured in a decade, and the strain to hospitals from those patients would be "unsettling," as FAH president Charles Kahn III said.

Republicans have put together a repeal vote that can pass with a simple majority in the Senate, avoiding a Democratic filibuster, but any replacement legislation would need Democratic assent.