Trump injects further uncertainty into unsettled insurance landscape
U. S. President Donald Trump's executive order pertaining to the Affordable Care Act (ACA), which he signed just hours after being sworn into office, injected further uncertainty into the nation's already fragile health insurance market.
Through his first executive order, Trump instructed federal agencies to grant relief to ACA-affected constituencies. It was a clear signal that Trump's administration wants to move swiftly to unwind the maximum possible elements of ACA on its own even before the Republican-led Congress acts to repeal the 2010 health insurance law.
Robert Laszewski, the president of a consulting firm called Health Policy & Strategy Associates, called Trump's executive order a "bomb" on the nation's already frail insurance market.
Speaking on the topic, Laszewski said, "Instead of sending a signal that there's going to be an orderly transition, they've sent a signal that it's going to be a disorderly transition. How does the Trump administration think this is not going to make the situation worse?"
Over the past many years, ACA has changed how 20 million people in the nation get health coverage and what type of benefits health insurers must offer to their customers. But, Trumps has been a vocal opponent of the law. During his election campaign last year, he repeatedly vowed to repeal the law if he would be elected to power.
Experts say Trump's executive order, coupled with his recent comments about moving quickly to repeal and replace the ACA, will pressurize Republican lawmakers to act faster than they might have originally planned.
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