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Trump*Administration Made the Right Call on STLDs*

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Unread 08.28.18, 05:27 PM
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Trump*Administration Made the Right Call on STLDs*

08.28.18 04:56 AM

Obamacareís rising premiums and one-size-fits-all approach has left millions of Americans struggling to find quality health insurance at a price they can actually afford. Until recently, the prospects for an alternative were grim. This month the Trump administration helped to turn the tide by expanding*short-term, limited-duration*(STLD)*insurance plans*that*allow individuals and families to choose*coverage*that*best*suits their needs*at a significantly more affordable cost. Indeed, premiums for STLD plans are*50 to 80 percent*lower than those offered under Obamacare. STLD plans also open access to the nationís best care, as some of the top hospitals and doctors donít accept Obamacare plans*but do accept*short-term insurance. Under the previous administration, the federal government*limited*many Americans*sufficient*access*to STLD plans,*restricting*coverage*to a period of only three months.*The Trump administration made the right decision to expand the maximum amount of coverage under STLD plans*from three months to twelve, with*an option to renew this coverage for up to three years. Centers for Medicare and Medicaid actuaries*estimate*that 1.4 million Americans will*take advantage of*these short-term plans in 2019, with nearly half*of those*previously uninsured. Expanding STLD insurance means*that Americans will have*more*choices,*better*coverage*and see more savings in the health insurance marketplace than they*had access to previously.*The Trump administration deserves*praise*for scrapping onerous and unnecessary regulations, making*STLDs*more accessible*and more rewarding. Sign this*letter*to […]

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