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Trump Signs Executive Order That May Doom Obamacare


Added 10-12-17 12:16:01pm EST - “President Donald Trump signed an executive order Thursday that allows small businesses to join together in offering more limited health care coverage that fails to meet the standards prescribed by Oba” - Dailycaller.com

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Posted By TheNewsCommenter: From Dailycaller.com: “Trump Signs Executive Order That May Doom Obamacare”. Below is an excerpt from the article.

President Donald Trump signed an executive order Thursday that allows small businesses to join together in offering more limited health care coverage that fails to meet the standards prescribed by Obamacare.

After a lack of party unity frustrated numerous Republican efforts to repeal and replace Obamacare, Trump’s executive order disrupts the program by allowing small business employees to purchase cheaper, less comprehensive coverage rather than paying the high premiums associated with coverage sold on Obamacare exchanges.

The Trump administration and Congressional allies like conservative Kentucky Sen. Rand Paul are selling the executive order as an immediate path to increased consumer choice and the associated decline coverage costs.

“This is a first step to make it easier for employees to help their workers. With these actions we’re moving toward lower costs and more options in the health care market,” Trump said during a White House event Thursday attended by small business owners.

Obamacare supporters cast the executive order as a cynical attempt at undermining the efficacy of Obamacare and said the move might be enough to completely disrupt the program’s ability to function.

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