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February 21, 2018

Trump plan: Less coverage, lower premiums

  • The health insurance proposal is open for public comment for 60 days. Plans would be on the market later this year.
  • By RICARDO ALONSO-ZALDIVAR
    Associated Press

    WASHINGTON — The Trump administration Tuesday spelled out a plan to lower the cost of health insurance: give consumers the option of buying less coverage in exchange for reduced premiums.

    The proposed regulations would expand an alternative to the comprehensive medical plans required under former President Barack Obama's health law. Individuals could buy so-called “short-term” policies for up to 12 months. But the coverage would omit key consumer protections and offer fewer benefits, making it unattractive for older people or those with health problems.


     
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