Written by Madeline Head
President Trump signed an executive earlier today, Thursday, October 12th, which he claims will be “Obamacare relief”. President Trump believes, “This is going to be something that millions and millions of people will be signing up for and they’re going to be very happy. This will be great health care.”
The New York Times reported that this executive order will clear the way for potentially sweeping changes in health insurance, including sales of cheaper policies with fewer benefits and fewer protections for consumers than those mandated under the Affordable Care Act.
This order is in response to a Republican based Congress choosing not to repeal the Affordable Care Act, which is President Barack Obama’s legacy. President Trump was unable to influence Congress, which irritated him immensely. President Trump’s reaction to Congress not repealing the Affordable Care Act, “3 Republicans and 48 Democrats let the American people down. As I said from the beginning, let ObamaCare implode, then deal. Watch!”
It seems the battle for affordable health care will continue in this country for quite sometime. Do you believe health care should be a right?
“With these actions,” Mr. Trump said Thursday, as reported by The New York Times, “we are moving toward lower costs and more options in the health care market, and taking crucial steps toward saving the American people from the nightmare of Obamacare [Affordable Care Act].”
What does this mean for our health care? Also, what does the executive order entail?
The New York Times reported on the issue of President Trump signing the executive order.
“Mr. Trump directed three cabinet agencies to develop rules that would expand access to less expensive, less comprehensive insurance, including policies that could be sold by trade associations to their members and short-term medical coverage that could be offered by commercial insurers to individuals and families.
Many of the new insurance products could be exempt from requirements of the Affordable Care Act that Republicans say have contributed to sharp increased in premiums…”
abc News reported that, “Some experts warned that hard-won protections for older adults and people in poor health could be undermined by the skinny lower-premium plans that Trump ordered federal agencies to facilitate.”
Aspects of the executive order, as reported by abc News are:
· Easing current restrictions on short-term policies that last less than a year — an option for people making a life transition, from recent college graduates to early retirees. Those policies are not subject to current federal and state rules that require standard benefits and other consumer protections.
· Allowing employers to set aside pre-tax dollars so workers can use the money to buy an individual health policy.
“This could be much ado about nothing, or a very big deal, depending on how the regulations get written,” said Larry Levitt, reported by abc News. “The intent of the executive order is clear, to deregulate the insurance market under the ACA. It’s unclear how far the administration will ultimately go.”
We will have to wait and see what kind impacts, if any, the executive order provides. It is said we will not be affected for at least a couple of months.
Are you nervous about the executive order? Or do you believe this is the direction healthcare should be going in? Let us know.