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Trump’s new health insurance rules expected to hurt Obamacare
Trump ... always working to tear down.
Related: Trump is finalizing one of his big proposals to undercut the ACA
6/19/18
Obamacare suffered another blow Tuesday when the Trump administration announced plans to make it easier for small businesses and trade groups to band together to purchase health coverage outside of the law’s insurance markets. President Donald Trump touted the expansion of so-called association health plans, which offer fewer consumer protections than Obamacare coverage, as a much-needed cheaper alternative. But critics have warned that the latest move will further drive up Obamacare premiums and weaken the law. Democrats decried the new rules as the latest act of Obamacare “sabotage” that will drive up health insurance premiums for millions in the law’s insurance markets. Critics warn the steps will further destabilize wobbly Obamacare markets by siphoning off younger and healthier customers, who are more likely to favor cheaper plans that cover less. “These plans weaken protections for Americans with pre-existing conditions,” Senate Minority Leader Chuck Schumer said. “No single group that represents physicians, patients, hospitals or nurses is supportive. Not one." The new regulations are likely to spark a legal challenge on the grounds that they violate federal labor law and need approval from Congress. Insurance regulators, particularly in states that have embraced Obamacare, are also likely to push back against the changes.
Trump ... always working to tear down.
Related: Trump is finalizing one of his big proposals to undercut the ACA