Last Thursday on October 12, 2017, President Trump no longer sat on the sidelines to wait and see the fate of health care. He, instead, took action to sign an executive order outlining three main objectives to be reviewed and eventually implemented. Within the executive order, President Trump mentions that the current ACA legislation has amounted to “one-third of America’s counties having only one insurer offering coverage on their applicable government-run exchange in 2017.”
President Trump’s executive order aims to expand the ability to offer more association health plans (AHP’s), offer short-term limited-duration insurance (STLDI), and expand the use of Health Reimbursement Arrangements (HRA’s). Let’s take a moment to break each of these down:
Expect to hear more over the next 60-120 days on the direction of these initiatives and how they may impact employer groups and the individual market.
Until then, work through open enrollment decisions and strategy….. after all, the end of the year will be here before we know it!
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