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Making Health Insurance Great Again: Trump admin’s new short-term policy reg BLOWS up expensive plans

(National SentinelFinally ‘Affordable’: The Republican congressional majority campaigned on ‘repealing and replacing’ the disaster that is Obamacare, but when it came down to it one #NeverTrump senator (who might be named McCain) blew it all up because of a personal vendetta against POTUS Donald Trump.

Undeterred, the president instructed his administration to find ways around outright repeal in order to reduce the exorbitant prices Americans have to pay every month for health insurance.

The tax cuts/tax reform legislation passed in December eliminated Obamacare’s individual mandate requirement that forced Americans for the first time in our history to buy a product or service.

Earlier, POTUS Trump signed an executive order instructing the IRS to stop fining Americans who did not have health insurance.

Now, the administration is implementing a new rule allowing consumers to buy short-term policies that cost thousands of dollars less and provide the kind of coverage some find more appropriate.

The Daily Signal reports:

The Trump administration moved Wednesday to expand health insurance options and affordability for Americans, with a new rule allowing cheaper new and renewable health insurance plans that consumers can use for up to a year.




The Department of Health and Human Services, Labor Department, and Treasury Department released the final rule that allows consumers to buy “short-term, limited duration” health insurance plans that are not subject to the Obamacare requirements. Consumers can have the plans for up to a year, instead of three months under the new rule.

The average monthly premium for an individual with a short-term plan in the fourth quarter of 2016 was $124, compared to $393 for an unsubsidized plan in the Obamacare exchange, according to HHS.

They can be as much as 50-80 percent lower cost than the Affordable Care Act exchange plans,” Secretary of Health and Human Services Alex Azar told reporters Wednesday. “We believe this could provide relief for well over 1 million people.”

The new rule is largely a return to the existing rule before 2017, when Americans could keep the plans for almost a year, which changes as President Barack Obama was heading for the exit. To encourage more people to join the exchanges, Obama reduced short-term limited duration coverage to less than three months in an executive action just three weeks before leaving office.

Once again Obama was proving he wasn’t interested in providing Americans with affordable coverage — rather, he was interested in imposing his unworkable ‘solution’ on as many American families as possible.

More:

Azar said he would like to see Congress repeal and replace Obamacare, but until then, he is going to work to expand more private choices for consumers. He said this would not undermine the Obamacare exchanges, where 87 percent of consumers are subsidized. But this does offer a choice for those who don’t qualify for subsidies, he said.

This is a good step to take but Congress must act said Marie Fishpaw, director of domestic policy studies at The Heritage Foundation.

“The Trump administration is right to provide more options to Americans who have suffered under Obamacare and, in many cases, been priced out of health coverage,” Fishpaw said in a statement. “States should have more authority to regulate short-term, limited duration health plans. Unwinding Obamacare’s damaging regulations is just the first step.”

Another MAGA moment from our president that Democrats will take away if they ever regain power.


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