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John Hanna / AP

We know — the Republican health care effort has been declared dead many times, so this is not a prediction. There's still a lot of motion, and we could see a revised Senate bill on Thursday and a vote next week. But it's time to at least consider what happens if Senate Republicans can't pass a health care bill.

The bottom line: The health care storyline won't end. It will be like a season finale — with the next season beginning the next day.

Here are the political realities:

Conservatives will push for a repeal-only bill next. Unlike Senate Majority Leader Mitch McConnell, conservative groups were thrilled when President Trump tweeted that the Senate should try the repeal-first strategy. Vice President Mike Pence backed up that view on Rush Limbaugh's show yesterday: "We ought to just repeal only" if the Senate bill fails.

In the conservative groups' view, nearly all congressional Republicans already voted for a 2015 budget bill that repeals most of the Affordable Care Act — so they should just pass that again. (In reality, the only way McConnell is likely to put that vote on the floor is to end the issue, even if it fails.)

If that vote doesn't happen, they'll hammer GOP leaders for not living up to their repeal promises — and if moderate Republicans don't vote for it, they'll get an earful, too. "They'd have to explain why they're damned liars" after campaigning on repeal for seven years, said Jason Pye, vice president of legislative affairs for FreedomWorks.

The individual insurance market will still need help. It's not as if it's healthy right now. The Centers for Medicare and Medicaid Services reported yesterday that there was a 38 percent drop in the number of health insurers who filed to offer Affordable Care Act health insurance next year.

The fate of insurer subsidies still has to be resolved. The Trump administration won't want to keep paying for the cost-sharing subsidies for low-income customers without funding from Congress. So Congress would have to decide whether to fund the subsidies on its own.

The ACA will be run by an administration that hates it. By now, HHS Secretary Tom Price and CMS administrator Seema Verma have spent so much time promoting the law's failures that they'd have trouble switching gears and trying to make the law work.

Any bipartisan talks will be small ball. Even if moderate Democrats agree to start negotiating a "repair bill" with Republicans, the only ideas they've mentioned so far are relatively narrow, like Sen. Tim Kaine's proposal to create a permanent reinsurance program for the individual market.

Go deeper

Battle for the soul of a new web

Illustration: Aïda Amer/Axios

A well-funded and intensely motivated chunk of tech's hive mind is finding common cause in a vast new project: rebuilding the web on a foundation of cryptocurrency and blockchain tech. They call it "Web3."

The big picture: Developers, investors and early adopters imagine a future in which the technologies that enable Bitcoin and Ethereum will break up the concentrated power today's tech giants wield and usher in a golden age of individual empowerment and entrepreneurial freedom.

First look: Biden summons top CEOs on supply chain

Photo: Alex Wong/Getty Images

President Biden will meet Monday afternoon with CEOs of big retailers, grocers and consumer-products firms to send this message, according to the White House: Products will be on shelves for holiday shopping.

Zoom out: Black Friday sales rebounded from 2020.

Thanksgiving box office shows theaters have long road to recovery

Photo of Disney's "Encanto;" Credit: Disney

Box office ticket sales over the Thanksgiving holiday show that consumer confidence in moviegoing is slowly improving, but not enough to bring the struggling theater industry back to pre-pandemic levels anytime soon, if ever.

Why it matters: "We may have to temper expectations a bit" for next year, said Comscore senior media analyst Paul Dergarabedian.