(Worthy News) – President Trump signed an executive order Thursday directing federal agencies to loosen Obamacare’s mandates and pledging to bring numerous Americans less expensive health insurance coverage.
Many of the decisions that will affect consumers will fall to officials at the Treasury, Labor, and Health and Human Services Departments, after undergoing public comment periods. The order is intended to expand the use of health savings accounts, to allow more groups to band together for insurance to form “association health plans,” and to lengthen the amount of time people can be on short-term health insurance plans.
Senior administration officials warned in a call Monday that any changes could take six months, meaning they wouldn’t kick in until well after the open enrollment period for people to sign up for Obamacare coverage, which ends Dec. 15. [ Source: Washington Examiner (Read More…) ]