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Trump Signs Executive Order Undermining Obamacare

President Donald Trump, who is the president, signed an executive order today designed to undermine certain Obamacare protections against junk insurance policies.

The order allows for the sale of cheaper, less comprehensive plans than those mandated by the Affordable Care Act, which will siphon healthier patients from the risk pool and likely raise premiums for those with more comprehensive policies.

It may also allow employers to form insurance pools across state lines, a goal long championed by Mr. Trump.

The regulations still have to be reviewed and implemented by the appropriate departments of the federal government, a process that could take months.

[Via Twitter]

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