President Trump and Republican Senate Majority Leader Mitch McConnell have abandoned “repeal and replace” Obamacare (the Affordable Care Act) and instead embraced a straight-out repeal of Obamacare as requested by President Trump, the House Freedom Caucus and Senators Cruz, Lee and Paul. Their calculation is that this threat will cause Democrats to join forces with them on a repeal and replace alternative. One might ask “what are they smoking?” “Why this crusade against coverage for low, moderate and middle income Americans, why this crusade to deny coverage for sick people?”
The Congressional Budget Office projects that, as compared to current law (ObamaCare), this repeal would increase the numbers of uninsured by 32 million, increase premiums by 100% in the individual markets and cause insurers to leave the individual market, such that 3/4th of nation’s population would have no insurer participating in the individual market.