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October 12, 2017

Trump health order skips Congress: Rate relief or destabilizing junk? [Palm Beach Post]

Charles Elmore of the Palm Beach Post writes:

“President Donald Trump said an executive order he signed Thursday represents the first step to give millions of people access to cheaper health plans, but Florida Democrats called it ‘sabotage’ and a national consumer group blasted it as a move to promote ‘junk insurance’ and destabilize markets.

Trump said Thursday ‘we are moving toward lower costs and more options in the health-care market, and taking crucial steps toward saving the American people from the nightmare of Obamacare.’

The executive order bypasses Congress, which has repeatedly failed to agree on an Affordable Care Act repeal or overhaul, and represents an attempt to guide health policy from the White House.

But it drew immediate criticism from ACA supporters.

...

It’s bad news for the 3.1 million Floridians under age 65 with pre-existing health conditions, said Joseph F. Pennisi, executive director of the Lake Mary-based Florida Policy Institute [emphasis added], which calls itself a ‘common sense’ think tank promoting general prosperity.

‘Permitting the creation of “non-compliant” markets would essentially result in two risk pools, one for healthier individuals and one for sicker residents,’ Pennisi said. ‘If the executive order is implemented, premiums for ACA-compliant plans would rise sharply. This bodes poorly for those Floridians with pre-existing health conditions and other complex medical needs, who would face high premiums.’

Several advocacy groups opposed the plan.”

Read more on palmbeachpost.com

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