The Trump administration is taking its first steps to overhaul Obamacare.
It issued a proposed rule Wednesday aimed mainly at quelling insurers’ concerns and stabilizing the marketplace for 2018. But it is also likely to raise deductibles and out-of-pocket costs for many consumers.
While President Trump wants Congress to repeal the Affordable Care Act as quickly as possible, his hands are tied by two important factors: He has promised to have an orderly transition out of Obamacare, so people don’t lose their coverage, and he must defer to Congress to actually change the law.
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