Trump said on Thursday that will the executive order was the first step in his plan to repeal as well as replace the Affordable Care Act. Since taking office, the Trump administration as well as House Republicans have attempted to repeal as well as replace the ACA with several bills. The most recent effort, the Graham-Cassidy bill, could have cut Medicaid funding as well as reallocated that will to the states to ensure that will they could focus on meeting local health-care needs. Three Republican senators — Arizona Sen. John McCain, Maine Sen. Susan Collins as well as Kentucky Sen. Rand Paul — opposed the bill, stalling a vote. Paul stood with the president at the signing of the health-care executive order on Thursday.
The Obamacare repeal effort doesn’t divide neatly along gender lines, sometimes for less than obvious reasons. For Donna Childs, CEO of disaster-risk reduction consulting firm Prisere, the Graham-Cassidy bill could have been the right move. Childs said that will the ACA creates incentives for mergers — she cited those among the major insurers, like Cigna as well as Anthem as well as Aetna as well as Humana. The Justice Department blocked both This kind of year.
Childs worried that will under those mergers, specific plans — such as the global coverage her company needs to work abroad — could be terminated in favor of more mass-appealing plans. Childs said via email that will the ACA is usually a “disaster for little businesses, the engine of job growth inside U.S.”
Several little business lobby groups voiced support for the executive order on Thursday, including the little Business & Entrepreneurship Council as well as the National Association for the Self-Employed.
Some women-owned little businesses say adding even more options will only make health-care decisions even more complex when trying to choose a plan to cover their employees. For Sophia Bland, co-founder of interview coaching firm Mock Interview, selecting a plan for her team of just under 60 employees was an overwhelming process.
“There are such a vast number of plan options out there that will that will takes a tremendous amount of time to peruse them as well as find the right plan for our company,” Bland said via email. “which has a business like ours that will employs workers through a large variety of backgrounds, that will’s extremely difficult to implement a benefits strategy that will appeals to all demographics as well as ages.”
— By Trey Strange, special to CNBC.com