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Mitt Romney Wants to Repeal Obamacare and “Replace” It With Nothing New, Leaving Millions of Americans Uninsured and Ignoring Rising Health Costs

Yesterday Mitt Romney again promised to “repeal and replace” Obamacare, but he really doesn’t have a plan to do anything on health care. His centerpiece is a law that’s been on the books for more than 15 years, and he would leave millions more people uninsured while ignoring rising health care costs.

Preexisting Conditions: Romney says his plan would let anyone with a preexisting condition who has been “continuously insured” get coverage if they “lose their job or change jobs,” but that law has been on the books since 1996.

  • Romney wouldn’t help people who lose their jobs and can’t afford COBRA, or children diagnosed with cancer or autism while their families are uninsured.
  • Up to 129 million Americans have preexisting conditions, and they all deserve the protection Obamacare provides. Romney would leave most of them on their own.

More Uninsured Americans: Romney would block grant Medicaid and slash billions of dollars from the program, which helps disabled kids and the elderly afford health care. Independent experts estimate drastic block grants would leave up to 27 million people without health insurance.

No Help for Rising Costs: Obamacare is already tackling rising health care costs, and slowing health care cost growth may become the new normal.

  • Yesterday budget experts reported that Obamacare actually lowered health care costs last year, partly by cracking down on insurance companies for wasteful spending and requiring rebates if they spend too much on overhead.
  • Romney would repeal Obamacare’s aggressive deficit reduction provisions and has offered no serious ideas to replace them and address rising health care costs.