President Trump’s fight for a new healthcare plan lost another battle. The administration pulled their new healthcare plan from the House floor yesterday, as legislators refused to approve of its specifics.
House Speaker Paul Ryan said the GOP was close to putting the bill into place, but they “came up short.”
“We’re going to be living with Obamacare for the foreseeable future,” he added.
Accordingly, former President Barack Obama’s Affordable Care Act remains active. Trump said after the denial that he will not continue pushing his plan for the time being. According to him, Congress was adamant about not passing the American Health Care Act.
The administration’s new plan is to wait for Congress to ask for an ACA replacement. The administration believes that, eventually, Obamacare will implode from consistent problems.
“As you know, I’ve been saying for years that the best thing is to let Obamacare explode,” Trump explained. “Then go make a deal with the Democrats and have one unified deal. And they will come to us. We won’t have to come to them.”
Ryan informed Trump that they did not have enough votes to put the bill into place. As it turns out, the administration lacked support from 10 to 15 Republicans, which were crucial in the bill passing. Before the House could deny the bill, the two officials withdrew it from contention.
Trump’s healthcare plan in a nutshell
President Trump’s plan intended to keep only two aspects of the Affordable Care Act, commonly known as Obamacare. The first is that people can stay on their parents’ insurance plan up to the age of 26. Secondly, that people who have pre-existing conditions, such as AIDS, Alzheimer’s, alcoholism, and cancer, can still get insurance.
However, if approved, the new bill would have taken the place of the ACA and eliminated most of its components. As such, it would have repealed tax penalties for people who do not have health insurance, reduced federal insurance standards, lowered private insurance subsidies, and rearrange spending limits on Medicaid. Additionally, it would have repealed billions of tax dollars and cut federal funds to Planned Parenthood for one year.
While the administration addressed their plan as a “huge conservative win,” many moderate Republicans did not agree. They found that 24 million more people would not have insurance than those who don’t now. Additionally, the bill would have increased insurance premiums.
Now, Trump proclaimed the bill as “dead” and the administration will focus on other issues in the country.