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President Donald Trump has signed an executive order to start loosening some rules associated with Obamacare after the Republican controlled Congress failed many times to repeal the healthcare law. From Fox News:
According to officials, Trump will direct the secretary of labor to consider expanding access to Association Health Plans, which could allow employers to form groups across state lines offering coverage. According to the White House, these plans could offer lower rates.
Association - Health - Plans - State - Insurance
Those “association health plans” could be shielded from some state and federal insurance requirements. But responding to concerns, the White House said participating employers could not exclude any workers from the plan, or charge more to those in poor health.
The order also calls on other federal agencies to consider expanding coverage in low-cost, short-term insurance plans not subject to ObamaCare rules.
“The time has come to give Americans the freedom to purchase health insurance across state lines, which will create a truly competitive national marketplace that will bring costs way down and provide far better care,” Trump said in a statement.
Executive - Order - Changes - Agencies - Regulations
So overall, this executive order “does not make changes itself; rather it directs agencies to issue new regulations or guidance.” Officials said all of this could take months. The agencies and the secretaries will have to report to Trump in 180 days “about any changes that could be made, at the state or the federal level, to increase choices for consumers.”
This means that the executive order will not affect Obamacare open enrollment that starts on November 1.
Sen - Rand - Paul - R-KY - Times
Sen. Rand Paul (R-KY), who voted no on the times Congress tried to repeal Obamacare, stood behind Trump as he signed the order. In an op-ed at...
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