The Trump administration is moving ahead with a plan to eliminate the $5.4 trillion American Health Care Act, according to new details from a senior administration official.
The plan would also eliminate the individual mandate, the law that requires most Americans to have health insurance.
The official, who spoke on condition of anonymity, said that the Trump administration was still working out details of the plan.
The new plan, which has yet to be made public, would eliminate the law’s $5,000 cap on out-of-pocket costs for people with pre-existing conditions.
The Congressional Budget Office has projected that the health care bill would cause premiums to skyrocket, raising the cost of insurance for millions of people.
The Trump transition team did not immediately respond to a request for comment.
The proposal also would dramatically reduce the amount of money available to states to cover people with high medical bills.
The federal government pays for nearly all of the costs for many Americans with pre