(CNSNews.com) – The Republican health insurance plan will do what Obamacare never did, President Donald Trump said on Monday.
We're not going to have one-size-fits-all. Instead, we're going to be working to unleash the power of the private marketplace to let insurers come in and compete for your business. And you'll see rates go down, down, down, and you'll see plans go up, up, up. You'll have a lot of choices.
You'll have plans that nobody's even thinking of today. They will have plans that today nobody has even thought about, because the market's going to enforce that with millions and millions of people wanting health care.
More competition and less regulation will finally bring down the cost of care. And I think it'll bring it down very significantly.
Trump said it’s unfortunate that it will take a while -- a year or two – for insurance premiums to come down “because you have to let the marketplace kick in.”
“And it's gonna take a little while to get there. Once it does, it's gonna be a thing of beauty."
Trump said he’s willing to go through the process, and working with Republicans, “we’ll get the job done.”
The president also questioned why liberals in the media are making Obamacare “look so good all of a sudden,” featuring people who don't want their subsidized health insurance to change.
“First of all, it covers very few people. And it's imploding," Trump said.
And '17 will be the worst year. And I said it once, I'll say it again. Because Obama's gone -- you know, he -- things are going to be very bad this year for the people with Obamacare. They're gonna have tremendous increases.
And the Republicans, frankly, are putting themselves in a very bad position -- I tell this to Tom Price all the time -- by repealing Obamacare.
Because people aren't going to see the truly devastating effects of Obamacare. They're not gonna see the devastation in '17 and '18 and '19. It'll be gone by then. It'll -- whether we do it or not, it'll be imploded off the map.
So, the press is making it look so wonderful so that if we end it, everyone's going to say, "Oh, remember how great Obamacare used to be? Remember how wonderful it used to be? It was so great."
It's a little bit like President Obama. When he left, people liked him. When he was here, people didn't like him so much.
Trump was meeting at the White House with people who have suffered under the failing Obamacare law.