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President Trump signed an executive memorandum that instructs the Department of Health and Human Services Director to modernize the regulations overseeing the creation of association health plans.
The current regulations bar small businesses from banding together to create these plans, which hampers competition and directs people to purchase their insurance from the exchanges.
Body - Blow - Obamacare - System - Ability
This was a body blow to an already failing Obamacare System. Unfortunately, it looks like he didn’t go as far as he was originally signaling and only expanded the ability to form association health plans to small businesses and not to all individuals.
Democrats predictably have been screaming like crazy cat ladies on Twitter all day. Under the leadership of Senator Schumer and his colleagues, the Democrats have led with the word “sabotage” all day.
Chicago - Tribune
The Chicago Tribune has more:
CRITICS, WHO INCLUDE STATE INSURANCE COMMISSIONERS, MOST OF THE HEALTH-INSURANCE INDUSTRY AND MAINSTREAM POLICY SPECIALISTS, PREDICT THAT A PROLIFERATION OF THESE OTHER KINDS OF COVERAGE WILL HAVE DAMAGING RIPPLE EFFECTS, DRIVING UP COSTS FOR CONSUMERS WITH SERIOUS MEDICAL CONDITIONS AND PROMPTING MORE INSURERS TO FLEE THE LAW’S MARKETPLACES. PART OF TRUMP’S ACTION, THEY SAY, WILL SPARK COURT CHALLENGES OVER ITS LEGALITY.
ELEMENT - THE - ORDER - INSTRUCTS - A
THE MOST FAR-REACHING ELEMENT OF THE ORDER INSTRUCTS A TRIO OF CABINET DEPARTMENTS TO REWRITE FEDERAL RULES FOR “ASSOCIATION HEALTH PLANS” – A FORM OF INSURANCE IN WHICH SMALL BUSINESSES OF A SIMILAR TYPE BAND TOGETHER THROUGH AN ASSOCIATION TO NEGOTIATE HEALTH BENEFITS. THESE PLANS HAVE HAD TO MEET COVERAGE REQUIREMENTS AND CONSUMER PROTECTIONS UNDER THE 2010 HEALTH-CARE LAW, BUT THE ADMINISTRATION IS LIKELY TO EXEMPT THEM FROM THOSE...
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