Former President Donald Trump announced that he is looking at making changes Obamacare and said that Republicans should have rescinded the health care law.
“We had a couple of Republican Senators who campaigned for 6 years against it, and then raised their hands not to terminate it,” he wrote, referring to McCain. “It was a low point for the Republican Party, but we should never give up!”
The reason why he wants a change, President Trump said, is because the “cost of Obamacare is out of control, plus, it’s not good Healthcare.”
“Even worse,” the senators wrote in a recent letter, “insurers can use their PBMs to steer patients to their own pharmacies, while disadvantaging competing pharmacies with lower reimbursements and predatory fees,” WSJ reported. They are referring to Pharmacy Benefit Managers.
“Just a year after the MLR requirement was put in place, UnitedHealth Group formed Optum, which now includes a PBM and a specialty pharmacy, as well as over 70,000 physicians,” the senators wrote. “Today, UnitedHealth Group sends 25 percent of its medical claim revenue to its Optum subsidiaries—in other words, to itself,” they added.
The former president, who has been long critical of Obamacare, has faced some GOP criticism for not being able to repeal Obamacare. Earlier this year, Republican presidential candidate Vivek Ramaswamy, made a rare criticism of President Trump for not replacing or repealing the law.
“I am never somebody who will make a false promise,” Mr. Ramaswamy said in September. “My friend Donald Trump promised us: repeal and replace Obamacare. Eight years later, did it happen? No, it did not. It is a false promise if it is contingent on Congress.”
However, the former Republican governor of Kansas, Jeff Coyler, wrote last week in an opinion article that voters should choose President Trump in 2024 because he can “fix health care in America.”
“Trump would be transformative in protecting Medicare for seniors and others who rely on It. Some want to cut Medicare benefits, which is wrong,” he wrote, possibly referring to some Republicans’ proposals to reduce both Medicare and Social Security programs.
He added, “Trump would also lower health care prices. Ask any small business up to any large corporation: None of Obamacare’s promises were kept. Deductibles and copays have risen far beyond inflation and the continuity of care has suffered.”
“The median proposed rate increase is 6 percent nationally, with most proposed increases falling between 2 percent and 10 percent,” it said. “Most enrollees in this market are subsidized and do not pay the full premium. However, premium increases can affect federal spending and the driving factors behind these increases illustrate broader trends driving health costs in 2024.”