The Associated Press reports:
President Donald Trump has prematurely declared “Obamacare” dead and displayed a misunderstanding of where the money comes from to make the health law work.
A look at his remarks Wednesday about the tax plan he will soon sign into law and its effect on President Barack Obama’s health insurance overhaul:
TRUMP: “Obamacare has been repealed in this bill.” THE FACTS: It hasn’t. The tax plan ends fines for people who don’t carry health insurance. That’s a major change but far from the dismantling of the law.
Other marquee components of Obama’s law remain, such as the Medicaid expansion serving low-income adults, protections that shield people with pre-existing medical conditions from being denied coverage or charged higher premiums, income-based subsidies for consumers buying individual health insurance policies, the requirement that insurers cover “essential” health benefits, and the mandate that larger employers provide coverage to their workers or face fines.
Talking Points Memo reports:
President Donald Trump on Wednesday claimed the Republican tax overhaul has “essentially repealed Obamacare” but said officials “didn’t want to bring it up” until the legislation had already passed.
“The individual mandate is being repealed. When the individual mandate is being repealed, that means Obamacare is being repealed because they get their money from the individual mandate,” Trump said at the start of a cabinet meeting.
“We didn’t want to bring it up. I told people specifically, ‘Be quiet with the fake news media because I don’t want them talking too much about it,’” Trump said. “Because I didn’t know how people would — but now that it’s approved I can say the individual mandate on health care, where you had to pay not to have insurance, okay, think of that one, you pay not to have insurance. The individual mandate has been repealed.”