Business Report: The Obamacare repeal-and-replace debate - Hawaii News Now - KGMB and KHNL

Business Report: The Obamacare repeal-and-replace debate

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HONOLULU (HawaiiNewsNow) -

Obamacare is a healthcare story, an economic story, and a political story. Medically, all you need to know is this chart. The number of Americans without health insurance was rising, than Obamacare became law, and it start falling. Millions of people now have coverage.

Economically, people without insurance were going to hospital emergency rooms for routine medical issues, the most expensive possible way to get medical care, and they weren't paying for it, your employer was, because hospitals recovered their costs by charging more for everyone else. Politically, the problem now is that Republicans spent years attacking Obamacare, but what do they do now?

Doctors, hospitals, insurance companies and the AARP all oppose various solutions. A lawmaker doesn't help himself by making people uninsured again, or allowing insurers to suddenly charge a lot more.

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