Barack Obamacare is Headed for the Oval Office Shredder

Barack Obamacare is Headed for the Oval Office Shredder

Barack Obamacare is Headed for the Oval Office Shredder

  • President Donald Trump is the 1st Pro-Life American President in decades

Tuesday, President Donald Trump said he will use the “Power of the Pen” to give “great Healthcare to many people — FAST” because Congress has failed to repeal and replace Barack Obamacare.

In his message, posted along with other tweets attacking ESPN, Democrats over immigration and the NFL, Trump said:

Since Congress can’t get its act together on HealthCare, I will be using the power of the pen to give great HealthCare to many people – FAST

President Trump’s direct messages signals he will use an executive order — a tool often used by his predecessor, Barack Hussein Obama to get the changes he wants in the nation’s healthcare system.

President Trump is expected to sign the executive order this week to start lifting insurance rules set through the Affordable Care Act (ACA).

The order is expected to expand options for Americans buying coverage on their own or for those who work for small employers. And it will include instructions for agencies to loosen regulations lowering premiums.

Expect President Trump to order the departments of Labor, Health and Human Services and Treasury to work to allow people to purchase insurance through “association health plans,” which would resemble large employers’ health plans.

The President is expected to order a pullback on regulations limiting “short-term medical insurance,” instead allowing people to buy the lower-cost plans for up to 1 year, reversing an  Obama Administration ban on the plans for more than 90 days.

President Trump’s order is expected to include a directive for agencies to expand health reimbursement accounts, to allow employees to use the pretax dollars to pay for out-of-pocket medical costs.

Friday President Trump  issued new rules to allow employers to opt out of an Obamacare rule requiring employers to provide female employees with no-cost birth control coverage.

The new rule says that employers with religious or moral qualms can cover some birth control methods, but not others.

The Obama-era rule applied to all FDA methods, including birth control pills and the controversial morning-after pill.

President Trump’s rule this week also could allow for insurance purchases across state lines, a plan Senator Rand Paul, (R-KY), has championed for some time.

Trump’s order will shred Barack Obamacare without repealing it.

Coverage offered through large employers does not fall under the same rules as individual or small-group plans, and if association health plans are allowed, they also may not meet the same requirements.

Such plans also do not have to cover all of the ACA’s essential health benefit rules or meet requirements about minimum bill coverage.

The plans also could allow younger, healthier recipients to seek coverage through association plans, leaving the older pool behind for coverage through Obamacare plans.

Stay tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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