This story has been updated.
President Trump met with major health insurers Monday morning, in the midst of intensifying public pressure to preserve the law and political divisions over how to best dismantle and replace President Obama’s signature domestic policy achievement, the Affordable Care Act.
The meeting included leaders from Blue Cross Blue Shield, Cigna, Humana, UnitedHealth Group, Aetna, Anthem, Kaiser Permanente and the industry lobbying group, America’s Health Insurance Plans.
“We must work together to save Americans from Obamacare,” Trump said in his public remarks before the meeting began. He criticized the Affordable Care Act for creating minimal health coverage requirements that restricted the types of plans insurers could sell.
“Obamacare forced providers to limit the plan options they offered to patients and caused them to drive prices way up,” Trump said. “Now a third of U.S. counties are down to one insurer, and the insurers are fleeing. You people know that better than anybody.”
Trump gave few details about the new plan, which he promised would increase competition and decrease costs. He said that the replacement would allow insurers to sell plans across state lines and include increased flexibility for states. He also called for expanded health savings accounts, tax-exempt financial accounts used to pay for medical expenses. He said there would be a smooth transition.
In remarks to the National Governors Association before the meeting with insurers, Trump said that the plan to repeal and replace the Affordable Care Act would give states the flexibility they need to make health care work. He also said the politically wise thing for Republicans would …read more