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While congressional Republicans have been unable to repeal former President Barack Obama’s health care overhaul in its entirety, two major changes could soon upend the program’s insurance exchanges by encouraging customers to bolt.
First, Republicans killed the tax penalty for individuals who don’t purchase health insurance. Then last week, the Trump administration unveiled a new rule expanding short-term plans that typically cost less than ObamaCare policies.
The article goes on to state the following:
Both could lead to people choosing to leave ObamaCare’s marketplaces, because they want a less expensive plan or because they won’t be penalized for exiting — or both.
This scenario helps explain why Democrats sounded the alarm over the short-term plan expansion. They have slammed the policies as “junk insurance” not required to cover pre-existing conditions and more.
“These new short-terms plans are nothing short of junk insurance and are so dangerous for Americans that it’s no wonder not a single group representing patients, physicians, nurses or hospitals has voiced support. Democrats will do everything in our power to stop this,” Senate Democratic Leader Chuck Schumer said last week.
The Trump Administration is giving working families a break by providing an affordable alternative to price-prohibitive Obamacare health plans, Justin Haskins of the Heartland Institute explains.
— The White House (@WhiteHouse) August 9, 2018
ObamaCare Double Whammy: Two big Trump changes could spur insurance exchange exodus https://t.co/OQIQF38Ut1
— Fox News (@FoxNews) August 11, 2018
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