Trump unlocks cheaper healthcare plans that could save American families thousands of dollars
PresidentDonald Trumpjust took a pivotal step to makehealthcareaffordable again.OnSept. 4, hisadministration announcedthat most Americans will now be eligible to buy what are known as "copper plans"onthe ObamaCare exchanges. Before this reform, nearly all Americans were legally barredfrombuying these much more affordable plans. But now working families can get the plans they need at a price they can afford and many uninsured people will likely get covered as a result.The president is fixingone of the fundamental problems with ObamaCare. That law forced Americans who get their insuranceonthe individual market to buy costly plans, and in the 11 years since the law went into effect, theyve gotten even pricier.ObamaCare plans have risen bynearly200%since 2013. Whats more, prices for all plans are expected to rise another 18% by the start of next year.TRUMPS HEALTHCARE ORDER WILL HELP FIX HEALTHCARE FOR EVERYONEObamaCares authors knew their law would makehealthcaremore expensive. Thats why they quietly created an actually affordable option, which they called "copper plans." These plans cover pre-existing conditions, essentialhealthbenefits and everything else that ObamaCare requires, but they come with slightly higher out-of-pocket costs in exchange for dramatically lower premiums.Tens of millions of people could benefitfromthese options, but the federal governmentonly allowed a minuscule number of Americans to buy them. Basically, you had to be under the age of 30. While anyone else could apply for a "hardship exemption" to become eligible, the federal government rarely, if ever, granted these requests, forcing people to pay much more.No longer. TheTrumpadministration has effectively said that most Americans are now eligible for a hardship exemption, meaning anyone can buy a copper plan.Researchfrommy organizationshows that,onaverage, copper plans have 22% lower premiums than the typical bronze plan and they cost up to 60% less than ObamaCares gold plans. By choosing these options, families can literally save hundreds or even thousands of dollars per year.I'M A PHYSICIAN AND I'M WORRIED THAT OUR HEALTH AGENCIES ARE FACING INCREASING CHAOSThe return of affordability is reason enough to praise the presidents move. But this reform will have the added benefit of empowering uninsured people to finally get coverage they can afford. Nearly27 million Americans are uninsured, many if not most becausehealthinsurance costs too much. Theyve needed access to copper plans, but their own government has blocked them. Now theyre free to buy better coverage.Crucially, the uninsured population has the exact groups of people who can help the ObamaCare exchanges become more sustainable. Thesecond and third-largest groups of the uninsuredare between the ages of 26 and 34 and 35 and 44, respectively. These tend to behealthier people who dont need costly plans because they dont need muchhealthcare. As such, they dont mind the higher out-of-pocket costs that come with the typical copper plan.By helping to get more of these people covered, PresidentTrumpmay very well stop the doom loop that has defined ObamaCare a doom loop of ever-higher prices driving more and more people out of the markets altogether. And with fewer uninsured Americans and more peopleonprivate coverage, hospitals will see their uncompensatedcarecosts drop. So hospitals especially rural hospitals will beonstronger footing.CLICK HERE FOR MORE FOX NEWS OPINIONThis single reform could help millions if not tens of millions get more affordable coverage. It also meshes well with another commonsense policy issued by PresidentTrump. Hehas reversed the Bidenadministrations restrictionsonshort-term plans, empowering Americans to buy even more affordable coverage options for years at a time.This reform will also expand coverage to more uninsured people, while enabling others to get plans that better fit their budgets. Were talking Americans of all ages who are in between jobs and looking for work, those whove retired but arent yet eligible for Medicare, and working families desperately looking for affordable coverage.Americans urgently need thishealthcarerelief. While Democrats and the media are demanding that Republicans merely expand ObamaCare subsidies to prevent peoplefromlosing coverage, thats not a real or sustainable solution.More government subsidiesonly makehealthinsurance more expensive, not less. PresidentTrumphas taken the better road by giving Americans greater access to more affordable plans.When it comes to helping families out, the presidents short-term reform will make a long-term difference, and his copper plans reform gets a gold star.CLICK HERE TO READ MORE FROM HAYDEN DUBLOIS