Posted by Michael Wonder on 12 Oct 2017
Trump signs order to undermine Obamacare insurance rules
12 October 2017 - It could create a parallel insurance system for healthy people.
President Donald Trump on Thursday signed an order that could rattle the Affordable Care Act’s private insurance markets by allowing a proliferation of cheaper, less comprehensive plans that would undermine rules about who and what insurers must cover.
The changes represent a step toward repeal of Obamacare, something Trump and Republicans have unsuccessfully attempted to do through legislation. “We’re starting that process,” Trump said at a signing ceremony in the Oval Office, adding that he still expects legislation to pass at some point. “Today is only the beginning.”
