19 June 2018 - A new rule introduced by the Trump administration could make it easier for small businesses to set up health insurance plans that offer lower costs, but fewer benefits.

A sweeping new rule issued Tuesday by the Trump administration will make it easier for small businesses to join forces and set up health insurance plans that circumvent many requirements of the Affordable Care Act, cutting costs but also reducing benefits.

President Trump, speaking at a 75th anniversary celebration of the National Federation of Independent Business, said the new rule would allow small businesses to “escape some of Obamacare’s most burdensome mandates” by creating new entities known as association health plans.

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