Trump Releases Stabilization Rules For Obamacare

trump-and-obamaUS President Barack Obama and President-elect Donald Trump shake hands during a transition planning meeting in the Oval Office at the White House on November 10, 2016 in Washington,DC.
  • Trump Releases Stabilization Rules For Obamacare

President Trump on Wednesday released a proposed regulation that would moderate Obamacare’s markets.

The proposed regulation would reduce the sign-up period for individual health plans sold under the Affordable Care Act to a month and a half. The proposed rule would also curtail so-called special enrollment periods, that allow people to sign up for coverage outside the regular window, and that insurers have said let people game the system and sign up only after they get sick.

Another provision is targeted at people who enroll in coverage, then stop paying. In those cases, health insurers could apply new payments from a customer to past debts on unpaid premiums. The administration said such a rule was “important as a means of encouraging individuals to maintain continuous coverage throughout the year and prevent gaming.”

Another proposed rule would give health insurers more flexibility to change the value of the coverage they provide, in order to keep up-front premiums stable from year-to-year.

About the Author

Samed Olukoya
Samed Olukoya is the CEO/Founder of investorsking.com, a digital business media, with over 10 years' experience as a foreign exchange research analyst and trader. A graduate of University of East London, U.K. and a vivid financial markets analyst.

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