During the presidential campaign of 2016 President Donald Trump vowed to repeal the Affordable Care Act, former President Barack Obama’s signature legislation. Now that Trump has won the election and taken power he has found the scenario was not as simple as he believed it to be, particularly because he has no viable alternative to replace the legislation. However, using Executive Orders is one way in which Trump can change some of the rules dictating healthcare in the United States. In doing so he risks alienating his biggest group of voters, individuals over 50 years old, because the changes will impact them the most.
According to the Huffington Post’s exclusive report Trump is looking at allowing insurance companies to charge consumers almost 3.5 times as much as others if they are over a certain age. They, in part, wrote:
Insurers would have more leeway to vary prices by age, so that premiums for the oldest customers could be 3.49 times as large as those for younger customers. Today, premiums for the old can be only three times as high as premiums for the young, which is what the Affordable Care Act stipulates. According to sources privy to HHS discussions with insurers, officials would argue that since 3.49 “rounds down” to three, the change would still comply with the statute.
Rules regarding health insurance are complicated and difficult to understand. Trump and his administration are counting on the public being unaware of how they are attempting to raise the bar to the highest legal limit to allow their friends in the insurance industry to make as much money as possible.