October 12, 2017
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12:42Now PlayingHelp us cover the political revolution
"President Trump signed an executive order on Thursday intended to circumvent the Affordable Care Act by making it easier for individuals and small business to buy different types of health plans with lower prices but also fewer benefits and protections.
The White House and allies portray the president’s move as wielding administrative powers to accomplish what congressional Republicans have failed to achieve: tearing down the law’s insurance marketplaces. The order represents Trump’s biggest step to carry out a broad but ill-defined directive he issued his first night in office for agencies to lessen ACA regulations from the Obama administration.
Critics, who include state insurance commissioners, most of the health-insurance industry and mainstream policy specialists, predict that a proliferation of other types of coverage would 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.
The most far-reaching element of the multi-prong order instructs a trio of Cabinet departments to rewrite federal rules for so-called association health plans — a form of insurance in which small businesses of a similar type band together through an association to negotiate health benefits.
The order also is designed to expand the availability of short-term insurance policies, which offer limited benefits meant as a bridge for people between jobs or young adults no longer eligible for their parents’ health plans. The Obama administration ruled that short-term insurance may not last for more than three months; Trump wants to extend that to nearly a year."
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