Published: Thu, October 12, 2017
Health | By Jay Jacobs

Trump says he's likely to sign healthcare order this week

Trump says he's likely to sign healthcare order this week

It will "go a long way, to take care of numerous people that have been so badly hurt on health care", Trump said. "They will get great competitive health care and it will cost the United States nothing", he said.

As the Wall Street Journal and others reported, the Trump administration is working on an executive order relaxing some insurance regulations put into place by Trump's predecessor, President Obama. It is unlikely consumers could sign up for these plans during the 2018 open enrollment period, which begins November 1.

The order is being drafted, as President Trump expressed his willingness to work with Democrats on health care after Republicans were unable to approve legislation that would have repealed and replaced "Barack Obamacare".

Trump, who has called the law a failure and vowed to let it "implode", has undermined Obamacare through regulatory and administrative actions.

He said people would be able to buy plans from "many, many competitors", which he implied would drive down prices.

"We're going to have to do something with Obamacare because it's failing".

These plans do not have to adhere to all of Obamacare's provisions, such as the requirement to provide comprehensive policies that cover prescription drugs, mental health and substance abuse, according to Kevin Lucia, project director at Georgetown University's Health Policy Institute. Kulhman also added that he believes that fears about association plans undermining the Obamacare marketplace are "overblown". Club for Growth President David McIntosh said expanding association health plans was among six ideas he presented to Trump for changing the ACA administratively at a meeting of conservative leaders at the White House in March.

President Donald Trump said on Tuesday he would sign a measure, likely this week, to allow people in the United States to buy healthcare across state lines. Also, these plans have a long history of financial troubles, with some becoming insolvent.

Trump appeared to be alluding to the average increase between 2016 and 2017 in premium costs for a plan purchased on the Obamacare individual insurance exchange in Arizona, which was 116% before subsidies were included. "We'll be back to where we were before the Affordable Care Act".

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