Industry News

Comments about Trump’s Executive Order on the ACA

On his first day in office, President Trump issued an Executive Order directing federal agencies to modify regulations under the ACA prior to its repeal in order to accomplish the following goals.

  • Ensure law is efficiently implemented.
  • Minimize unwarranted economic or regulatory burdens.
  • Encourage the development of a free and open market in interstate commerce for healthcare services and insurance.
  • Provide more flexibility and control to states and cooperate with them in implementing programs.
  • Waive, defer, grant exemptions from, or delay the implementation of any provision or requirement of the Act that would impose a fiscal burden on any state or a cost, fee, tax, penalty, or regulatory burden on consumers, providers, insurers, policyholders, or manufacturers.

Congress will likely repeal the components of the ACA that impact the budget, but they are unlikely to repeal many of its market reforms because doing so would require 60 Senators in order to avoid a filibuster. President Trump’s directive will prompt reinterpretations of the law and a revision of many of the regulations that implemented it. Expect significant changes ahead as most of the onerous complications of the ACA in the group market were created by regulation, not the law itself. For more insight read our article about what to expect under Trump.

This entry was posted in Industry News and tagged , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.