Trump signs an internal change to Obamacare offering cheap Insurance across state lines…

*Update….CBO call is out on Trump’s excutive order

The move by Trump may drain healthy young people from the Affordable Healthcare insurance polls drving up premiums for those older and sicker ….

This is addition to Trump’s efforts to stop advertising the Obamacare programs….

But Trump does get a chance to annouce some action…

(Trump has said this was in the works for months….So the repeal thing was what?)

And…

And drops this in his lap….

The White House and allies portray the president’s move to expand access to “association health plans” as wielding administrative powers to accomplish what congressional Republicans have failed to achieve: tearing down the law’s insurance marketplaces and letting some Americans buy skimpier coverage at lower prices. The order will be 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 such health plans 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 actions, they predict, will spark court challenges over their legality.

According to numerous people familiar with the White House’s anticipated order, the most far-reaching element will instruct a trio of Cabinet departments to rewrite federal rules for association health plans — a type of insurance in which small businesses of a similar type band together through an association to negotiate health benefits.

The order also is expected 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 is planning to extend that to nearly a year….

More…

Note…

This move has echo’s of how Barack Obama did things for Healthcare….

And Trump has given Democrats for props in how they have stuck together AGAINST the GOP on Repeal….

Update….

Here’s what’s in Trump’s executive order on health care…

The details: Trump’s executive order does three big things:
  • Expand access to association health plans, in which a group of small employers can band together to buy insurance as a collective.
  • Expand access to short-term health plans. These policies don’t cover much and don’t cost much; today, you can only keep one for three months. Trump will extend that time limit to a year.
  • Expand the use of health reimbursement accounts, which allow employers to set aside tax-free money to help cover their employees’ health care costs. Workers will likely be able to tap that money to pay the premiums for a plan in the individual market.

The reviews: Conservatives are thrilled. Sen. Rand Paul, a champion of association health plans, was at the White House for the signing….

More…

*Update….CBO score is out on this….

…twitter…

CBO says this latest Trump move will raise ACA premiums by 20 percent and add 1 million people to the ranks of the uninsure. Terrific!

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11 thoughts on “Trump signs an internal change to Obamacare offering cheap Insurance across state lines…”

  1. reuters.com

    Trump nails Obamacare with decision to cut off billions in subsidies

    Yasmeen Abutaleb, Jeff Mason

    WASHINGTON (Reuters) – U.S. President Donald Trump moved to undermine Obamacare dramatically late on Thursday by cutting off subsidies to health insurance companies for low-income patients, sparking threats of legal action and concern of chaos in insurance markets.

    The decision is the most dramatic action Trump has taken yet to weaken the Affordable Care Act, President Barack Obama’s signature healthcare law, which extended insurance to 20 million Americans.

    The move drew swift condemnation from Democrats and threats from state attorneys general in New York and California to file lawsuits.

    Trump has been frustrated by Republicans’ failure to repeal and replace the law known as Obamacare, thwarting a promise he made during his successful 2016 presidential campaign.

    His decision is likely to please those among his political base who detest the Obamacare system, which many Republicans have attacked for years as an unneeded government intrusion in Americans’ healthcare.

    In a nod to that same constituency, the president signed an executive order earlier on Thursday to make it easier for Americans to buy bare-bones health insurance plans exempt from Obamacare requirements.

    Senate Democratic Leader Chuck Schumer and House Democratic Leader Nancy Pelosi derided the subsidies cut-off in a joint statement, saying Trump would single-handedly push Americans’ healthcare premiums higher.

    “It is a spiteful act of vast, pointless sabotage leveled at working families and the middle class in every corner of America,” they said. “Make no mistake about it, Trump will try to blame the Affordable Care Act, but this will fall on his back and he will pay the price for it.”

    Insurers and proponents of Obamacare have implored Trump for months to commit to making the payments, which are worth billions of dollars. Several insurers have cited uncertainty over the payments when hiking premiums for 2018 or exiting insurance markets altogether.

    Healthcare stocks have edged lower in recent days…

    The nonpartisan Congressional Budget Office estimated that cutting off the insurer payments would cause premiums to rise 20 percent in 2018, and said that 5 percent of Americans would live in areas that do not have an insurer in the individual market in 2018.

    Trump has taken a number of other steps to undermine Obamacare. Last week, the Department of Health and Human Services issued rules that let businesses or non-profit organizations lodge religious or moral objections to obtain an exemption from Obamacare’s mandate that employers provide birth control in health insurance with no co-payment.

    The administration also slashed the Obamacare advertising and outreach budget and halved the open enrollment period.

    additional reporting by Steve Holland; Editing by Michael Perry

  2. All of these efforts are being done to make Obamacare collapse. As the article indicates, all of this uncertainty will cause insurers to leave the market . Once insurers leave the market, it can be expensive to re-enter, but ironically, that is what the GOP depends upon for its eventual replacement.

    This is a big deal.

  3. Looking at it all through their own eyes and preconceptions, the GOP and Trump believe that the resulting high premiums and yawning coverage gaps will be blamed not on them but on Obama and the 2009-11 Democratic Congress.

    But if I were a Republican worrying about a marginal elective Federal, state or local seat or executive office, it would hardly be wise to assume that the voters will blame the Democrats and embrace whatever feeble alternative — if any — the Right puts up instead (Medicare vouchers for all?)

  4. Yup Z….

    Congress CAN make it right….

    But they seem incapable of doing so….

    This and Iran is actually being dumped in their lap….

  5. Yup DSD and Z….

    Maybe all this will have the opposite effect and they’ll get off their asses and vote to PAY the insurance companies to provide insurance thru the program, thus taking the move away from Trump…

  6. Then Z?

    They are gonna be pissing off a WHOLE LOT of their voters who will have increased healthcare fee’s….

    The Republicans NOW OWN the Healthcare Issue…

  7. The GOPer’s will have deal with getting hammered with this with Trump as their leader….

    …twitter…

    Bloomberg‏ @business
    Trump’s latest move could mean the government spends almost $200 billion more on health insurance https://bloom.bg/2i7OeX9

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