Over the next few days, weeks, and months there will be a great deal of noise concerning the Affordable Care Act. AUI will continue to be the resource of information we have always been to our clients.
Hours after President Trump was sworn into office there was breaking news about the President’s executive order (referred to as an EO), “Minimizing the Economic Burden of the Patient Protection and Affordable Care Act Pending Repeal.” You can read the full text by clicking here. The EO charges the departments and agencies associated with the enforcement of the Affordable Care Act (ACA) to ease the burden of the ACA as we transition to repeal and replace.
In addition to making it clear that the Trump administration seeks the prompt repeal of the ACA, the executive order specifically calls upon agencies to exercise authority and discretion to:
- Waive, defer, grant exemptions from, or delay the implementation of any ACA provision or requirement that imposes a fiscal burden on individuals, states, health care providers, health insurers, medical device and product producers. This includes fees, taxes, and penalties.
- Provide greater flexibility to states, and cooperate with them in implementing health care programs
- Encourage the development of a free and open market for the offering of health care services and health insurance.
The EO did not repeal any part of the ACA and does not directly mention any legislation or regulation that President Trump is directing to be eased, repealed, rescinded or amended. The order serves to re-enforce the power Congress, the departments and agencies already have to move towards change through legislation and regulation. In other words it is a call to arms for Congress to get to work and direction to the government agencies on what the Administration wants to be enforced concerning ACA.
If you are interested in learning more about how a Trump Presidency may impact the ACA you can register for our free webinar by clicking here. Should you have any questions, please feel free to contact us. AUI is here to provide you with necessary information. We are monitoring the situation daily and will continue to provide key information to you.