President Trump Begins to Unravel Obamacare
Just a few hours after taking the oath of office, President Donald Trump has signed into law an executive order that allows federal agencies the power to loosen large chunks of Obamacare, including the mandate requiring Americans to purchase insurance.
During the official Oval Office ceremony, President Trump signed several official documents. The order allows federal agencies the power to change, delay or waive provisions of the law they deem overly costly for insurers, drug makers, doctors, patients or states. His first executive order begins the unravelling of President Obama’s key piece of his legacy.
Trump’s executive order calls for them to create a program that allows the sale of health insurance across state lines, which have been proposed by Republicans as an alternative to the law. The order also looks to give states more flexibility and control over their health care markets. By signing the executive order aimed at slowly pulling apart Obamacare, he is living up to his campaign promise of repealing Obamacare from day one.
Trump’s actions show that he is committed to fixing the damage created by the Affordable Care Act as soon as possible. Trump’s first executive order does not order the Department of Health and Human Services to loosen any aspect of the law. Currently, ACA requires taxpayers to either have minimum essential health coverage, meet an exemption, or make a shared responsibility payment.
Trump promised his supporters that as president, he would do away with the law and that his alternative would be “something terrific.” Congressional action will be needed to make most major changes to the law. Republicans have also said they want to loosen the rules around Obamacare’s requirements on what healthcare services an insurance plan must cover.
Donald Trump took executive action immediately after becoming president, signaling to the American people that he is ready for business and set to “make America great again.” Trump will make significant policy announcements in the early days of the Trump administration. Trump is set to withdraw from the Trans-Pacific Partnership deal and renegotiate the North American Free Trade Agreement, or possibly completely withdraw from it.
President Trump also faces an early choice of naming a Supreme Court justice to fill the vacancy left by the late Justice Antonin Scalia. Trump has said he will announce a nominee in about two weeks. He will also swiftly undo regulations on oil and coal, as well as cybersecurity.