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The ramifications of Trump’s health care executive order

Today, President Trump signed an executive order intended to loosen regulations currently enforced under the Affordable Care Act (ACA). The order specifically directs the Treasury and the Department of Labor to:

  • Expand rules for association health plans, allowing more employers to ban together and purchase healthcare plans, including plans across state lines;
  • Loosen regulations on and make available short-term limited duration insurance that’s not subject to the essential health benefits mandates of the ACA; and
  • Create rules that allow employees to use Health Reimbursement Arrangement (HRA) funds to pay for healthcare premiums

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So you’re an applicable large employer. Now what?

Everyone likes growth, but no one likes growing pains. Unfortunately, you can’t have one without the other. More employees, more revenue, and more influence undoubtedly come with more paperwork, more responsibility, and more regulations.

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