U.S. Republicans start framework for Obamacare replacement

  • Reuters | by: Susan Cornwell and Caroline Humer |
  • 01/13/2017 12:00 AM
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Urged on by U.S. President-elect Donald Trump, Republican lawmakers rushing to scrap Obamacare said this week they hoped to make some changes intended to stabilize the insurance market while they work at repealing and replacing the law.

The beginnings of a framework outlining what a post-Obamacare world could look like came in the same week that Congress approved a resolution instructing key committees of both the House of Representatives and the Senate to draft Obamacare repeal legislation by a target date of Jan. 27.

The fate of the Affordable Care Act, popularly known as Obamacare, is a high-stakes political showdown between Republicans and Democrats that potentially jeopardizes medical coverage for millions of Americans and risks causing chaos in the health insurance marketplace.

The seven-year-old law has enabled up to 20 million previously uninsured Americans to obtain health coverage and helped slow the rise in healthcare spending. But Republicans have called it federal government overreach.

"If our general goal is to move decisions out of Washington back to the states, we should be able to make those decisions in the next several months," a key Republican senator working on the repeal, Lamar Alexander, told reporters outside the Senate this week.
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