Breaking News

Trump Signs Executive Order to Undermine Obamacare
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Summary: Trump signed an executive order to increase competition in the healthcare market. 

On Thursday, President Donald Trump signed an executive order which CNN said will begin the process of dismantling the Affordable Care Act (ACA). When campaigning for his current role as 45, Trump vowed to end the ACA, better known as Obamacare, and he said that his order will bring affordable health insurance to more people.

  
What
Where


Trump’s latest order tasks his administration with developing policies that will increase competition in the healthcare market, which will presumably increase the quality of care and lower prices. Opponents of this initiative said that the order may destabilize Obamacare and remove younger and healthier Americans from participating in exchanges.

Trump said he signed the order because it would give millions of Americans relief from Obamacare.

“[The executive order will] cost the United States government virtually nothing and people will have great, great health care. And when I say people, I mean by the millions and millions,” Trump said at his press conference from the Roosevelt Room of the White House.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Trump added that the measures “should have been done a long time ago, and could have been done a long time ago.”

According to CNN, the executive order “is directing the Labor Department to study how to make it easier for small businesses, and possibly individuals, to join together and buy health insurance through nationwide association health plans, a senior administration official said Thursday. The department could give employers in the same industries more flexibility to offer group coverage across state lines, providing them with a broader range of policies at lower rates.”



The order will also allow consumers to buy short-term policies and broaden the ability of employers to give employees money to buy their own health insurance. The changes are expected to occur in six months or more.

Critics worry that this order will allow plans to be sold with lower premiums but skimpy benefits. Additionally, the lower premiums may attract healthy, young people who will abandon Obamacare and thus cripple it.

The topic of healthcare has been a major one in Congress, and Republicans and Democrats have not been able to come to an agreement on what to do with it. Since no bill has passed, Trump cannot fully repeal and replace Obamacare, but his executive order is a step to reform it by broadening the way it is implemented.

The order has already drawn support from high-profile Republicans like Rand Paul, and it has been met with disapproval from Democrats such as Senate Minority Leader Chuck Schumer.

“Having failed to repeal the #ACA in Congress, @POTUS is using a wrecking ball to singlehandedly rip apart & sabotage our healthcare system,” Schumer wrote.

What do you think of Trump’s executive order? Let us know in the comments below.



 

RELEVANT JOBS

Nurse Analyst

USA-AZ-Phoenix

R&G Medical Legal Solutions, LLC. is looking nationwide for US Based, experienced registered nurses ...

Apply now

Entry-level Estate Planning Associate Attorney

USA-MD-Bowie

Entry-level Associate Attorney for Estate Planning and Bankruptcy law practice. Must be currently li...

Apply now

Contract Attorney

USA-TX-San Antonio

Looking for contract attorney’s assistance in largely tort-based litigation defense boutique i...

Apply now

Senior Analyst - Public Offerings

USA-MD-Rockville

The Senior Analyst staff in the Corporate Financing Department is responsible for performing analysi...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Reorganization and Restructuring Attorney

USA-NY-New York City

New York City office of a BCG Attorney Search top ranked law firm seeks Reorganization and Restructu...

Apply Now

Defense Litigation Attorney

USA-OH-Cleveland

Cleveland office of a BCG Attorney Search top ranked law firm seeks Defense Litigation Attorney with...

Apply Now

Corporate Attorney

USA-TX-Dallas

Dallas office of a BCG Attorney Search top ranked law firm seeks Corporate Attorney with 5 years of ...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top