Opinion Trump Health Care Executive Order Will Harm the Working Class

23:25  12 october  2017
23:25  12 october  2017 Source:   usnews.com

Trump to sign order rolling back health insurance regulations: report

  Trump to sign order rolling back health insurance regulations: report President Trump will sign an executive order next week aimed at rolling back health insurance regulations put in place by former President Obama in an effort to undo his predecessor's signature health care law, according to The Wall Street Journal.The order will direct the Departments of Heal th and Human Services (HHS), Labor, and Treasury to make it easier for individuals to group together and purchase insurance through "association health plans," according to the report.

A Blow to Working - Class Coverage. President Trump 's executive order rolls back Obamacare's health care protections. By Sabrina Corlette Opinion Contributor Oct.

U.S. President Donald Trump signed an executive order Thursday aiming to make health - care plans with lower premiums more widely available. Staffers at the departments of health and human services , labour and treasury have been working on the options since shortly after the president took

US President Donald Trump delivers a speech during an event at the White House in Washington, DC, on October 10, 2017, honouring the Pittsburgh Penguins 2017 Stanley Cup victory. / AFP PHOTO / Mandel NGAN: A destructive move. © (Photo credit should read MANDEL NGAN/AFP/Getty Images) A destructive move.

Editor’s note: The opinions in this article are the author’s, as published by our content partner, and do not necessarily represent the views of MSN or Microsoft.

Most Americans appear to agree with Jimmy Kimmel's belief that no one in this country should have to go without lifesaving health care simply because they can't afford it, or couldn't find a health insurance company willing to cover them. It's a big reason why multiple efforts by both the U.S. House and Senate to repeal the Affordable Care Act, or Obamacare, failed this year. Yet, with an executive order issued Thursday, President Donald Trump attempts to achieve what Congress could not – an effective rollback of the health care law's protections for people with pre-existing or chronic health conditions.

What You Need to Know About Trump’s Executive Order on Health Care

  What You Need to Know About Trump’s Executive Order on Health Care President Trump on Thursday took his biggest step yet toward accomplishing what Congress could not: dismantling the Affordable Care Act. Saying he was starting the process of Obamacare repeal, Trump signed an executive order that he and his allies say will provide more options and lower costs in the health care market. Saying he was starting the process of Obamacare repeal, Trump signed an executive order that he and his allies say will provide more options and lower costs in the health care market. “We are going to also pressure Congress very strongly to finish the repeal and the replace of Obamacare once and for all,” the president added.

"They will be able to buy, they'll be able to cross state lines and they will get great competitive health care and it will cost the United States nothing," Trump The Labor Department has already met with business trade groups about the planned executive order and begun work on reinterpreting federal

President Trump signed an executive order on health care that would make it easier for small businesses to form groups to buy insurance. Here's what's in Trump 's executive order on health care .

The executive order sets the stage for new health plans that do not have to comply with Obamacare's insurance rules, including requirements that plans cover a basic set of minimum benefits like maternity care, prescription drugs and mental health treatment, and refrain from setting premiums based on a person's age, gender or health status. This could be good news for healthy, young people who buy insurance on their own today. Most likely, they'll be able to find a plan with a lower premium.

The bad news? If you're older or need to use health care services because of a current or past condition, you'll likely be charged a lot more for your coverage. Many low-income people could be protected from these rate hikes, because the Trump administration can't repeal the law's income-related premium subsidies. However, if you're not eligible for those subsidies – and an estimated 7.5 million people buy insurance on their own without federal financial help – you could face increasingly high premiums.

Trump to cut off key ObamaCare payments: report

  Trump to cut off key ObamaCare payments: report President Trump plans to cut off key payments to insurers selling ObamaCare coverage, Politico reported Thursday, citing two sources familiar with the matter.Such an action would represent Trump's most aggressive move yet to dismantle ObamaCare, after GOP efforts to repeal and replace the health-care law failed this year.Trump has repeatedly threatened to cut off the disbursements to insurers, known as Cost Sharing Reduction (CSR) payments. They are worth an estimated $7 billion this year, Politico noted.

Donald Trump Donald John Trump Man opens fire at Trump ’s Miami golf resort Trump yuks it up to deflect Senate critics Primary win gives resurgent left a new shot of adrenaline MORE’s executive order loosening restrictions on association health plans and

President Donald Trump signed health - care executive orders Thursday that he said would be "very good for a lot of people." They shifted health costs from women to men, from the old to the young, from the sick to the healthy , from the working - class to the affluent.

Individuals with health needs could also find fewer plan options available to them. The plans encouraged by the executive order will be allowed to screen people based on their health status, a practice called underwriting. If you have something in your health history, such as a brush with cancer (even if in remission), asthma, obesity or anything that makes you look like a risky bet, these plans will deny you coverage outright or charge you an outrageous premium. They may also not cover the critical benefits you would need, such as prescription drugs or mental health services.

The administration cannot repeal Obamacare's insurance protections – those are written into law – but many insurers could likely stop offering plans that comply with them. Why would they? Those plans, which are not allowed to underwrite and must offer a comprehensive set of benefits, will be the coverage of last resort for people with pre-existing conditions. Few insurance companies want to sell plans that only appeal to sick people.

Trump to halt 'massive' ObamaCare subsidies; legal fight likely

  Trump to halt 'massive' ObamaCare subsidies; legal fight likely President Trump plans to halt payments to insurers under the Affordable Care Act "immediately," in a major blow to ObamaCare that is likely to draw a legal challenge.  The president, though, used the overnight decision to up pressure on Democrats to negotiate a "fix" to the "imploding" health care law. "The Democrats ObamaCare is imploding. Massive subsidy payments to their pet insurance companies has stopped. Dems should call me to fix!" he said in a pre-dawn tweet on Friday.

Experts say the political instability over Trump ’s effort to undermine Obama’s health care law could prompt more insurers to leave markets, reducing competition and driving up prices. Trump ’s move concerned some Republicans

President Donald Trump signs an executive order on health care at the White House on Oct. Rand Paul, R-Ky., who worked with the Trump administration on crafting the order , called it “the biggest free-market reform in health care in a generation.”

What's particularly ugly about the proposed action is that there is strong evidence the Obamacare marketplaces were starting to stabilize after the rocky early years. With a few, relatively minor policy fixes, these markets would continue to provide consumers, healthy and sick, with comprehensive, high-quality, affordable plan options. Yet, since coming into office, the Trump administration has systematically tried to undermine these markets with a series of actions and threats. These have injected a great deal of uncertainty about the future of these markets for participating insurers and have directly caused dramatic, double-digit premium hikes for 2018.

Who will suffer the most from the Trump administration's political brinksmanship over the Affordable Care Act? Certainly not the president, and not his former secretary for Health and Human Services Tom Price, who in just a few months racked up at least $400,000 in private jet travel on the taxpayer's dime. No, those hardest hit will be working- and middle-class Americans, who earn just a bit too much to qualify for premium subsidies and have the misfortune of being in less-than-perfect health.

Copyright 2017 U.S. News & World Report

Trump Tweets Approval After Health Care Stocks ‘Plunged’ .
President Trump cut off subsidies to cover insurance costs for low-income people, and some health care stocks fell. He cheered.It is unlike President Trump to cheer when stocks fall, but early on Saturday he did just that.

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