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US President Donald Trump's response to Obamacare: Short-term health insurance

NEWS_PUBLISH_DATE 03 August 2018
US President Donald Trump's response to Obamacare: Short-term health insurance image

Hours after taking office as President of the United States, Donald Trump signed a decree against the health care reform law known as Obamacare. The law allows all Americans to have health insurance. About 20 million Americans have acquired health insurance since the adoption of Obamacare in 2010.

The Trump administration announced on Wednesday (August 1, 2018) the final rule, which will soon allow consumers to choose and buy various health insurance packages that offer limited limits and have cheaper monthly premiums. These plans are considered a short-term option for consumers who are not covered by an employer. Last month, the Trump administration issued a rule on "association plans" that allow small businesses and sole traders to pool and buy coverage that is cheaper than existing options.