Trump’s Executive Order Will Have a Huge Impact on Healthcare Cost

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On Thursday, the White House announced that President Trump is taking executive action on health care as Congress stalls on efforts to overhaul ObamaCare, calling for a plan that could let employers group and offer coverage across state lines.

Trump’s executive order aims to offer “alternatives” to ObamaCare plans and increase competition to bring down costs.

“The time has come to give Americans the freedom to purchase health insurance across state lines, which will create a truly competitive national marketplace that will bring costs way down and provide far better care,” Trump said in a statement.

As per sources, Trump will address the Secretary of Labor to consider increasing access to Association Health Plans, which could allow employers to form groups across state lines offering coverage. These plans could offer lower rates.

Trump’s order also calls on other federal agencies to consider expanding coverage in low-cost, short-term insurance plans not subject to ObamaCare rules.

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Posted by Daily Conservatives on Wednesday, October 11, 2017

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