Did you know that, yesterday, President Trump signed an executive order which, he says, will allow insurance to be sold across state lines?
From Adam Cancryn and Louis Nelson’s article at politico.com:
The order is expected to direct a trio of agencies to rewrite federal rules to allow trade associations and other groups offer their own health plans. Those so-called association health plans would be exempt from some of Obamacare’s strict regulations and could be sold across state lines.
“They will be able to buy, they’ll be able to cross state lines and they will get great competitive health care and it will cost the United States nothing,” Trump said today. “With Congress the way it is, I decided to take it upon myself.”
Is this a good idea? Will it do what Mr. Trump intends it to do? I don’t know.
But I do know that ObamaCare has, from the first, been an unworkable monstrosity, that was sold to us on three major lies – that you could keep your insurance if you wanted to, that you could keep your doctor if you wanted to and that the average family would save $2,500 a year.
And don’t you love that “but also destabilize Obamacare markets” line? ObamaCare is about as stable as a rhinocerous sitting on a three-legged barstool. Insurance companies have dropped out right and left across the country because they are losing their shirts, and the ones remaining are demanding huge premium increases.
Is there reason to hope that this executive order will improve things? Sure there is – no guarantees, but the potential is certainly there.
So let’s wait and see – and hope.