Swordsmyth
01-04-2018, 07:27 PM
The Trump administration proposed a rule on Thursday to allow Americans who are self-employed or work for small businesses to buy health insurance that does not comply with all Obamacare requirements in an effort to unwind the 2010 healthcare law.The rule, put forward by the Department of Labor, would allow individuals and small businesses to form an association based on geography or industry and purchase health insurance that would be exempt from some rules of the Affordable Care Act.
The rule also allows sole proprietors to join such associations. Currently, sole proprietors can purchase individual insurance through the Obamacare individual market, created under former Democratic President Barack Obama's healthcare law.
The rule must go through a comment period but is likely to gain approval, helping to enact a similar executive order Trump signed in October.
More at: https://finance.yahoo.com/news/trump-administration-rule-let-more-165637690.html
The rule also allows sole proprietors to join such associations. Currently, sole proprietors can purchase individual insurance through the Obamacare individual market, created under former Democratic President Barack Obama's healthcare law.
The rule must go through a comment period but is likely to gain approval, helping to enact a similar executive order Trump signed in October.
More at: https://finance.yahoo.com/news/trump-administration-rule-let-more-165637690.html