President to Sign Executive Order on Healthcare

Oct 12, 2017

President Trump plans to sign an executive order on Thursday that will affect healthcare. The order will allow small businesses to come together “to buy health insurance, through what are known as association health plans . . . “ The order will also end “short-term health insurance plans” that the Obama administration had limited. The president’s order will instruct the Department of Labor to update “rules to allow small employers to create association health plans.” Small businesses in the same state, line of business, or in the same trade association will be able to come together and buy health insurance. Under the order, people will be able to pay for their healthcare premiums with pre-tax dollars from their health savings accounts. The order falls short though. While small businesses will be able to cooperate, the order makes no mention of individuals being able to join association healthcare plans. However the short-term health insurance market could do damage to the individual Obamacare market. Democrats fear “that healthier people will migrate to cheaper, short-term plans, leaving only sicker people in Obamacare plans and driving up premiums.”