Posted on 10/08/2017 6:23:49 PM PDT by re_tail20
The White House is putting the finishing touches on an executive order that would expand health care options with allowing individuals to band together and buy insurance beyond their state lines, according to reports.
The order, which is expected to be signed by President Trump next week, will be aimed at expanding insurance options for Americans who buy their own coverage or receive it through working at a small company, according to the Wall Street Journal. The new options would broaden instructions for agencies to explore loosening regulations and lowering premiums.
President Donald Trump has long asserted that selling insurance across state lines would trigger competition that brings down premiums for people buying their own policies. He is expected to sign the executive order next week, likely on Thursday, a senior administration official told The Associated Press on Sunday.
Under the president's executive action, membership groups could sponsor insurance plans that cost less because — for example — they wouldn't have to offer the full menu of benefits required under the Affordable Care Act, also called "Obamacare." It's unclear how the White House plans to overcome opposition from state insurance regulators, who see that as an end-run to avoid standards.
"There are likely to be legal challenges that could slow this effort down," said Larry Levitt of the nonpartisan Kaiser Family Foundation.
The order was being drafted as Trump expressed his willingness to work with Democrats on health care after Republicans were unable to approve legislation that would have repealed and replaced "Obamacare."
The president said Saturday that he had spoken to Senate Democratic leader Chuck Schumer of New York to see if Democrats would want to collaborate with him on improving health care. He told reporters before departing for a North Carolina fundraiser that he was willing to consider...
(Excerpt) Read more at foxnews.com ...
Hopefully this will be a good thing. Unfortunately, it is almost certainly too late to allow any insurance companies to put together anything to offer the public that could be effective January 2018.
I wish he wouldn’t do ANYTHING on health care, except to state that the law is the law. Until the Congress can get together and work something out, the ACA is the law of the land....all the way down the crapper.
Take no part of it.
Brokers, start your medical insurance engines!
Yeah!
Dumping all the illegals/refugees off both Medicaid and Medicare will too. But the bigger issue is the $60 Billion a year fraud in both.
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