Trump has now signed an executive order that will allow people to come together in large groups to bargain with insurance companies across state lines for the cost of healthcare.
Trump explains below:
— CNN Politics (@CNNPolitics) October 12, 2017
CNN – President Donald Trump took his first steps Thursday toward fulfilling his vow to dismantle Obamacare, signing an executive order that he says will bring affordable health insurance to millions more people.
The order broadly tasks the administration with developing policies to increase health care competition and choice in order to improve the quality of health care and lower prices.
The order, Trump said from the Roosevelt Room of the White House, would give “millions of Americans with Obamacare relief.” It would “cost the United States government virtually nothing and people will have great great health care. And when I say people, I mean by the millions and millions.”
Trump said the measures “should have been done a long time ago, and could have been done a long time ago.”
Specifically, the President is directing the Labor Department to study how to make it easier for small businesses, and possibly individuals, to join together and buy health insurance through nationwide association health plans, a senior administration official said Thursday. The department could give employers in the same industries more flexibility to offer group coverage across state lines, providing them with a broader range of policies at lower rates.
Separately, the order would allow consumers to buy short-term policies, which don’t have to comply with Obamacare’s protections for those with pre-existing conditions. Also, it looks to broaden the ability of employers to give workers money to buy their own coverage through health reimbursement arrangements.
The changes could take six months or more to take effect, a senior administration official said.
Here’s video of Trump actually signing the order:
— Fox News (@FoxNews) October 12, 2017
It’s a shame that Republicans couldn’t come together on health care and repeal Obamacare, especially after all their promises. Premiums are through the roof and yet they couldn’t do anything.
So I’ll take what I can get. Hopefully this will be as revolutionary as Rand Paul suggests and actually give us relief from these burdensome costs.