November 27, 2020 20 Commentson
According to officials, Trump will direct the secretary of labor to consider expanding access to Association Health Plans, which could allow employers to form groups across state lines offering coverage. According to the White House, these plans could offer lower rates.
The new rules allow any employer to be exempt from the mandate "based on its sincerely held religious beliefs" or on "moral convictions." Employers who decide not to provide coverage do not need to inform the federal government but would need to tell their employees about their decision.
This November, the majority of the 72,000 Iowans purchasing plans through the exchange will have only one option — Minnesota-based Medica. Last week, Medica asked the state for an average rate increase of 56.7 percent because of the uncertainty over cost-sharing reductions.
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