Trump signs executive order to loosen Obamacare rules
by Kimberly Leonard | Oct 12, 2017, 11:49 AM
President Trump signed an executive order Thursday aimed at loosening some Obamacare requirements so that people can buy less comprehensive, but also less expensive, healthcare coverage, in the wake of the Senate's failure this year to move any legislation to change the law.
"We are all gathered together to do something that is very powerful for our nation and very good for our people," Trump said at the White House, surrounded by officials and small business owners.
The executive order directs the departments of Health and Human Services, Labor, and Treasury to take steps to make it easier for people to band together and buy coverage through what is known as "association health plans." It also would allow people to buy low-cost, short-term health insurance plans, which the Obama administration limited to three months, and would expand the use of health savings accounts. The process will take several months and will not go into effect in time for open enrollment, which runs from Nov. 1 to Dec. 15.
more
http://www.washingtonexaminer.com/trump-signs-executive-order-to-loosen-obamacare-rules/article/2637295
