One of President Barack Obama’s most critical components of his presidential legacy- Obamacare- is getting scrapped once President-elect Donald Trump officially takes office but its “strongest assets” will remain in play under the Trump administration.
One of the components he plans on keeping, Trump said during an exclusive interview with “60 Minutes” Leslie Stahl, is that people cannot be denied coverage for a previous existing condition. The other component Trump would also want to keep from Obamacare is the benefit that allows children to remain in their parents plan until the age of 26.
“It adds cost,” Trump said. “But it’s very much something we are going to try to keep.”
There are concerns that millions of people who are currently covered under Obamacare will be left without any coverage for a certain period of time once it’s repealed but Trump said not to worry. Obamacare, he said, would be repealed simultaneously with the plan that would replace it.
“We’re going to repeal and replace it,” Trump said. “We’re not going to have a two-day period and we’re not going to have a two-year period where there is nothing. It will be repealed and replaced…”
The new healthcare the Trump administration plans on replacing Obamacare with, he said, would be a “great healthcare for much less money.”
Besides healthcare, Trump also said that the two other issues he hopes to work on immediately with Speaker of the House Paul Ryan is to stop and control illegal immigration and to lower taxes.