RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Great! Foiled in Congress, Trump Signs Order to Undermine Obamacare Thu Oct 12, 2017 7:09 pm | |
| President Trump signed an executive order on Thursday that clears the way for potentially sweeping changes in health insurance, including sales of cheaper policies with fewer benefits and fewer protections for consumers than those mandated under the Affordable Care Act.
But most of the changes will not come until federal agencies adopt regulations, after an opportunity for public comments — a process that could take months.
“With these actions,” Mr. Trump said Thursday, “we are moving toward lower costs and more options in the health care market, and taking crucial steps toward saving the American people from the nightmare of Obamacare.”
“This is going to be something that millions and millions of people will be signing up for,” the president predicted, “and they’re going to be very happy. This will be great health care.”
The order resulted from Mr. Trump’s frustration with his inability to persuade a Republican-controlled Congress to repeal the Affordable Care Act, a pillar of President Barack Obama’s legacy. Supporters of the current health law called the order “sabotage,” a way to destroy the Affordable Care Act without winning a majority in Congress.
https://www.nytimes.com/2017/10/12/us/politics/trump-obamacare-executive-order-health-insurance.html |
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