Trump: We will repeal and replace Obamacare

Trump: We will repeal and replace Obamacare

A draft of the House Republicans’ bill to repeal Obamacare would replace its subsidies with less generous tax credits, increase the amount insurers could charge older Americans and effectively eliminate Medicaid for low-income adults.

These provisions could leave a significant share of the 20 million people who gained coverage under Obamacare without insurance. The proposal would go fully into effect in 2020.