Since Congress can’t get its act together on HealthCare, I will be using the power of the pen to give great HealthCare to many people \u2013 FAST<\/p>\n
\u2014 Donald J. Trump (@realDonaldTrump) October 10, 2017<\/a><\/p>\n<\/blockquote>\n Politico reports<\/a>:<\/p>\n Trump will sign an executive order on Thursday directing an overhaul of major federal regulations that would encourage the rise of a raft of cheap, loosely regulated health insurance plans that don\u2019t have to comply with certain Obamacare consumer protections and benefit rules. They\u2019d attract younger and healthier people \u2014 leaving older and sicker ones in the Obamacare markets facing higher and higher costs.<\/p>\n It\u2019s not yet clear how far the administration will go, or how quickly it can implement the president\u2019s order. But if successful, the new rules could upend the way businesses and individuals buy coverage \u2014 lowering premiums for the healthiest Americans at the expense of key consumer protections and potentially tipping the Obamacare markets into a tailspin.<\/p>\n The NYT adds<\/a>:<\/p>\n Although Mr. Trump has been telegraphing his intentions for more than a week, Democrats and some state regulators are now greeting the move with increasing alarm, calling it another attempt to undermine President Barack Obama\u2019s signature health care law. They warn that by relaxing standards for so-called association health plans, Mr. Trump would create low-cost insurance options for the healthy, driving up costs for the sick and destabilizing insurance marketplaces created under the Affordable Care Act.<\/p>\n \u201cIt would have a very negative impact on the markets,\u201d said Mike Kreidler, the insurance commissioner in Washington State. \u201cOur state is a poster child of what can go wrong. Association health plans often shun the bad risks and stay with the good risks.\u201d<\/p>\n The post Trump Targets Elderly and Sick with Cruel Executive Order Intended to Destroy Obamacare Market with Junk Insurance: WATCH LIVE<\/a> appeared first on Towleroad<\/a>.<\/p>\n