Study: Trump’s Obamacare reforms to save Americans $450 billion over next 10 years

Study: Trump’s Obamacare reforms to save Americans $450 billion over next 10 years
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A White House Council of Economic Advisers (CEA) study released on Friday found that Americans will save $450 billion through Trump’s Obamacare reforms. The CEA suggested that Trump’s repeal of the Obamacare individual mandate and the expansion of short-term insurance plans and Association Health Plans (AHPs) will save Americans billions over the next ten years. …

[A]n executive order in October 2017 … expanded short-term limited-duration health insurance plans.

Because short-term plans do not have to comply with many Obamacare insurance regulations, insurance companies can offer more customized and cheaper plans compared to the individual market.

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Trump also expanded AHPs, which offer businesses and workers more affordable health insurance options. AHPs are health insurance pools sponsored by an industry, trade, or professional association that provides health coverage to their members.

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