15 February 2017 - The Trump administration proposed new rules on Wednesday to stabilise health insurance markets roiled by efforts to repeal the Affordable Care Act, by big increases in premiums and by the exodus of major insurers.
The move came a day after Humana announced that, starting next year, it would completely withdraw from the public marketplaces created by former President Barack Obama’s signature domestic achievement.
The proposed rules, backed by insurance companies, would tighten certain enrolment procedures and cut the health law’s open enrolment period in half, in hopes that a smaller but healthier consumer base will put the marketplaces on sounder financial footing and attract more insurance companies in states with limited choices.