Extended short-term insurance deals latest blow to Obamacare

Wednesday, February 21, 2018 | Tag Cloud Tags: , , , ,

(Worthy News) - The Trump administration moved Tuesday to give consumers another workaround to Obamacare, proposing to let health insurers sell full-year plans that don’t comply with the 2010 law’s strict coverage guidelines.

Under Obama-era rules, short-term plans can last only three months, but the Health and Human Services Department said it wants to allow plans up to a year.

People priced out of Obamacare’s exchanges would be enticed back into the market by affordable options, administration officials said — though critics said the move could deliver another serious blow to the Affordable Care Act by siphoning off current customers willing to pay less for skimpier plans. [ Source:
Washington Times (Read More...)
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