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Hedging his bets — President Obama promises support for ACA repeal, if GOP makes better plan

President Barack Obama said to Vox he'd support an ACA replacement, if the Republican party can make a "demonstrably better" option, CNBC reports.

Here's what you need to know.

1. President Obama defended the ACA saying "If we had a better way to do this, we would have done it, because I knew I would be judged on how well it worked."

2. Regarding Republicans saying they have a better alternative, President Obama said they should reveal their plan "if they're so convinced that they're going to be able to do it better. ... Why wouldn't they be eager to say, 'Here is our plan?'"

3. President Obama published an article on Jan. 6, 2017 in the New England Journal of Medicine on the risks of repealing the ACA, as well.

4. He said he'd vocally support an ACA replacement if it,"can cover all Americans, makes sure if they have pre-existing conditions they can still get coverage, keeps prescription drugs afford, and encourages preventative measures. It it actually works, I will be the first one to say great, but I suspect that will not happen."

5. The ACA expanded insurance coverage to 20 million Americans. Up to 30 million could lose coverage if the repeal is successful. It's estimated that a full repeal of the ACA could cost $350 billion.

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