The past few years have been incredibly tough on those without employer-sponsored insurance. Their premiums have more than doubled, their deductibles have soared, and their provider networks have dwindled. Today’s executive order gives them their first real hope.
It’s been attacked as undermining Obamacare, but it doesn’t cut a penny from the budget, and it maintains all the regulations and subsidies that make affordable coverage of individuals with pre-existing conditions possible and profitable. But it also delivers what Obama had initially promised to do: if people liked the plans they had before the Affordable Care Act, they will now be able to keep them.
Related materials:
- Are Short-Term Limited Duration Plans Bad for the Individual Market? (Health Affairs, August 2017)
- Bernie's Bad Medicine (National Review, October 16 Issue)
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Chris Pope is a senior fellow at the Manhattan Institute. Follow him on Twitter here.
