Its plan would give premium subsidies to well-off people but increase out-of-pocket costs for many with modest incomes. Other states could potentially follow.
The Trump administration promised its deepest cuts for groups that have performed poorly in signing people up for Obamacare insurance. It hasn’t worked that way.
President Trump proposed yet another effort to repeal and replace the Affordable Care Act, but Senator Chuck Schumer later said he had quickly shot down the offer.
In an exchange with reporters, President Trump said on Wednesday that he has the votes to repeal the Affordable Care Act but that he will first negotiate a deal with Democrats.
People with Medicaid and employer plans need not worry about big policy changes. But the individual insurance market will be marked by high prices and limited choices next year.
Senator Susan Collins of Maine announced her opposition to the latest bill to repeal the Affordable Care Act, leaving party leaders short of the votes they need.
Republicans praise the latest Affordable Care Act repeal as the successor to the 1996 welfare overhaul, but few would cheer a plunge in insurance coverage.