Obamacare
An insurance store advertises Obamacare in San Ysidro, California, US, January 25, 2017. Reuters/Mike Blake

US President Donald Trump said he will be offering “something special” on health care. A new plan that will replace Obamacare is expected to be rolled out soon and the president promised that it will be great for patients, for the people and hopefully for the companies.

Trump said it is going to be a very competitive plan on health care. And costs will come down and I think the health care will go up very, very substantially,” he said during a meeting with top US health insurance CEOs Monday at the White House.

"I think it's going to be something special. I think you're going to like what you hear,” Trump said.

The president assured that his administration has taken the best they can possibly take. A new plan on health care is expected to be out by March. CEOs from UnitedHealth Group Inc., Aetna Inc., Anthem Inc., Cigna Corp., Humana Inc., Independence Blue Cross, Kaiser Permanente and BlueCross BlueShield of North Carolina have reportedly joined the White House meeting.

The president and congressional Republicans reportedly aim to replace the Affordable Care Act (ACA), which is more popularly known as Obamacare. “The market is disastrous,” Trump told the insurance executives, referring to the marketplaces set up by the ACA to sell coverage. Bloomberg notes that Trump has also met with governors, whose states receive billions of dollars yearly from the health law, over the last few days for talks about the ACA.

Governors have different opinions about the possible replacement of Obamacare. Utah Governor Gary Herbert, a Republican, said several states are divided on the right approach to take.

A key issue is how many people will be able to keep their health coverage. Nevada Governor Brian Sandoval, a Republican, believes people under the Medicaid expansion would keep it. “That’s been a conversation this entire weekend. What I heard today made me feel good,” he said.

Trump hopes that Democrats would cooperate. Among the expected reforms include expanded health-care savings accounts, as well as the privilege to purchase coverage across state lines.

But Senator Chuck Schumer of New York said there is a big chance that they will keep the Obamacare. The Democratic minority leader maintained that they are “steeled for the fight,” pointing to the divisions between conservative and more moderate Republicans. “I believe the odds are very high that we will keep the ACA and it will not be repealed,” Schumer told reporters.