What Would Happen If Republicans Repeal Obamacare But Don't Replace It?

After failing to bring the Senate to a vote to repeal and replace the Affordable Care Act (ACA) this week, Republicans, including President Donald Trump, have argued that the best path forward is to repeal Obamacare now and then delay replacing the legislation until a later date.

However, this path would be risky on two fronts. From an economics standpoint, it would risk throwing the health care industry into bankruptcy. Politically, the repealers would then be blamed for the volatility and any downturn in the industry.