People getting ‘hammered’ by Obamacare costs, analyst says

By Greg Corombos

Money

Frustrated by congressional gridlock and endless reports of massive premium hikes for the coming year, President Trump Thursday signed an executive order that utilizes the free market to give struggling Americans more and cheaper health care options until lawmakers come up with something permanent.

The executive order directs the Department of Labor to allow the creation of association health plans, or AHP’s, which give the green light for Americans to pool resources and negotiate better rates for premiums, deductibles, and co-payments. It also suggests current law can be interpreted to allow for the purchasing of health coverage across state lines.

Free market health policy experts have been pushing these policies for years as a way of leaving the power and flexibility with the people rather than force everyone onto government-approved plans.

Galen Institute President Grace-Marie Turner says President Trump just couldn’t wait any longer for Congress to move.

“Clearly, the president is using the authority he has under existing law to give people relief from Obamacare. Congress has tried and has not yet succeeded in getting actual legislation passed,” said Turner, who expects the GOP-controlled Congress to try again on health care early next year.

Mark Taylor and Mary Colbert write in “The Trump …read more

Source:: World Net Daily