Government
Trump Releases Stabilization Rules For Obamacare
- 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.