Reuters - Video

Edition: US | UK | IN | CN | JP

video Video

"Delaying the (healthcare) replacement doesn't work": McConnell

Friday, July 07, 2017 - 00:41

U.S. Senate Republican leader Mitch McConnell said on Thursday ''the private health insurance market is imploding'' and that delaying the healthcare replacement ''doesn't work.'' Rough Cut (no reporter narration).

▲ Hide Transcript

View Transcript

ROUGH CUT (NO REPORTER NARRATION) STORY: U.S. Senate Republican leader Mitch McConnell said on Thursday (July 6) that the private health insurance market is imploding" and that delaying the healthcare replacement "doesn't work." During a luncheon in his home state of Kentucky, McConnell also said that Congress must act to shore up private health insurance markets if it fails to repeal Obamacare, comments seen as providing a pathway to a bipartisan deal to fix the health system. Many of the individual health insurance markets established under Obamacare have struggled, hurt by an unfavorable balance of sick and healthy customers, and some insurers have pulled out because of uncertainty on whether the government will continue to fund cost-sharing subsidies to help individuals pay premiums. Republicans have been fighting to repeal Obama's signature piece of domestic legislation since it was first approved. President Donald Trump and Republicans in Congress made repeal a central campaign promise last year.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

"Delaying the (healthcare) replacement doesn't work": McConnell

Friday, July 07, 2017 - 00:41