ADVERTISEMENT

The Trump administration just rolled out big changes to Obamacare

Some of the changes would provide stability to the market, while other would undermine the Affordable Care Act.

null

The Centers for Medicare and Medicaid Services rolled out its final rule for the 2018 Obamacare exchanges on Thursday.

ADVERTISEMENT

The final rule, an update of changes proposed on February 15, would make a variety of changes, including cutting down on the amount of time people have to enroll for plans on the exchanges and allowing insurers to collect unpaid premiums before allowing a patient to sign up the next year.

"It’s time for the threats and the sabotage to end, and for President Trump to undo the damage he’s done to the Marketplaces," Pallone said in a statement. "It’s time to work to improve the law."

Here's a quick rundown of the changes in the CMS rule. It would:

ADVERTISEMENT

Even with the changes, it is still unclear whether the Trump administration will fund cost-sharing reduction payments, which most policy analysts say is key to keeping the market from collapsing.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

Africa's gaming gold rush: Unveiling the surge in online gambling

Africa's gaming gold rush: Unveiling the surge in online gambling

Seven African countries added to Meta's AI service coverage

Seven African countries added to Meta's AI service coverage

10 African countries with the lowest inflation rates in 2024

10 African countries with the lowest inflation rates in 2024

Davido launches his label Nine+ in partnership with UnitedMasters

Davido launches his label Nine+ in partnership with UnitedMasters

Nigeria's economic ranking drops to fourth in Africa

Nigeria's economic ranking drops to fourth in Africa

Moscow inaugurates its House of Africa

Moscow inaugurates its House of Africa

The CBN justifies $2b billion loss in forex, dispelling Naira defense claims

The CBN justifies $2b billion loss in forex, dispelling Naira defense claims

10 best airports in Africa in 2024

10 best airports in Africa in 2024

10 most expensive cities in Africa in 2024

10 most expensive cities in Africa in 2024

ADVERTISEMENT