Trump Hints At ACA Repeal Without Replace - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Washington Wire
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Washington Wire RSS Get our newsletter
Order Prints
June 30, 2017 Washington Wire
Share
Share
Post
Email

Trump Hints At ACA Repeal Without Replace

UPI Top Stories
President Donald Trump did not quite achieve his goal of repealing the Affordable Care Act.

President Donald Trump on Friday said he may support legislation that would repeal the Affordable Care Act while holding off on a Republican replacement for the 2010 healthcare law.

Trump's announcement on Twitter comes four days after Senate Republicans put off a vote on legislation drafted by Majority Leader Mitch McConnell, R-Ky., that would overhaul the Affordable Care Act, also known as Obamacare. Opposing factions of the Republican majority have argued the effort does not go far enough to repeal all the elements of the ACA, or that it offers no viable replacement for the 22 million Americans who, the Congressional Budget Office estimates, would lose health coverage under the GOP alternative.

"If Republican Senators are unable to pass what they are working on now, they should immediately REPEAL, and then REPLACE at a later date!" Trump wrote on Twitter Friday morning.

Trump's statement echoes ones made by some conservative holdouts eager to make good on the longstanding pledge by Republicans to do away with former President Barack Obama's signature domestic achievement. Public support for the current health care law peaked in a Gallup Poll published this spring.

By contrast, polling has shown intense opposition to the Republican legislation that would replace it.

Republican senators in 2015 voted in near lock step to repeal the ACA, but that vote was largely symbolic because they knew they did not have enough votes to override Obama's veto.

Under McConnell's bill, the federal government would begin rolling back the ACA's large Medicaid expansion in three years and would trim subsidies for middle-income Americans who are presently granted significant tax breaks to help them afford health insurance.

A full repeal of Obamacare would end all federal subsidies for individuals and health insurance companies that made individual plans more affordable and would halt Medicaid expansions for dozens of states, resulting in millions of Americans losing their coverage. Depending on how the repeal legislation would be written, those phase-outs could happen over months or years, giving Republican lawmakers time to draft and implement a replacement plan of their own.

That tactic has potential pitfalls. Under Senate rules, McConnell can tweak existing budget bills with a simple majority. Crafting new healthcare legislation, however, would likely face a higher threshold of 60 votes to overcome a Democratic filibuster. Republicans hold a 52-seat majority.

Democrats have said they are willing to negotiate changes to the ACA to address rising premiums and a dwindling number of insurance companies participating in government-run insurance exchanges, but have been united in their opposition to the Republican-led effort to repeal the law in its entirety.

Older

How to Get a Low Mileage Auto Insurance Discount

Newer

Combine Solicitation – 99– HOMELESS VETERANS HOUSING 10 MILE RADIUS FROM DORN VA MEDICAL CENTER COLUMBIA, SC 29209

Advisor News

  • After the midterms: Addressing your clients’ tax concerns
  • Berkeley arts tax heads toward passage while public bank measure looks likely to fail
  • Americans’ sense of overall prosperity still ticks upward
  • Turning expanded eligibility into a better coverage plan for federal clients
  • Election 2026: Which of Berkeley's 7 ballot measures will pass?
More Advisor News

Annuity News

  • AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
  • Jackson reports record annuity sales, increases share repurchase authorization
  • Why the market doesn’t need more carriers
  • Equitable, Corebridge steam toward merger with strong Q3 annuity sales
  • Jackson Announces New Annuity Offering for AARP Members
More Annuity News

Health/Employee Benefits News

  • Idaho insurance director details $13M school trust collapse
  • Insurance program's collapse detailed at ISBA conference
  • Boeing retirees ‘shocked’ by 400% jump in health insurance premiums
  • MEDICAID PAYMENT TRANSPARENCY RULES: STATE REPORTING REQUIREMENTS AND LIMITATIONS
  • Medicare open enrollment continues through Dec. 7
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and Its Subsidiary
  • National Life Group Approves $23 Million Dividends for 2027
  • Milliman’s proposed $15.5 million settlement puts life insurance underwriting data in focus
  • Brighthouse Financial Announces Third Quarter 2026 Results
  • Prudential earnings dip as Japan sales suspension offsets U.S. growth
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Insurvoice Lets Independent Insurance Agency Owners Analyze Every Customer Call in ChatGPT or Claude
  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.