Labor Secretary Alexander Acosta discusses how the department's new health insurance rule will help small businesses band together to bargain for cheaper health plans.
President Donald Trump has long asserted that promoting the sale of health insurance across state lines can bring down premiums without sacrificing quality. However, these plans would not be required to provide certain "essential health benefits" like mental health care, emergency services, maternity and newborn care and prescription drugs.
Democrats decried it as "junk insurance", and some patient groups warned it could undermine coverage for people in poor health.
"As the cost of insurance for small businesses has been increasing, the percentage of small business offering health coverage has been dropping substantially", Mr. Acosta said.
After Republicans hit a dead end trying to repeal the Affordable Care Act, the Trump administration has pushed regulatory actions to loosen ACA requirements and try to lower premiums for individuals and small businesses, which now reflect the cost of comprehensive coverage.
The rule will be phased in starting September 1, though its effectiveness will depend on buy-in from insurers, who are used to operating according to the networks, costs and rules of the road in individual states instead of selling their products across state lines. No major consequences are expected for people covered by large employers.
Merkel, Macron agree on euro zone budget
Merkel blocked the planned rollout last week, arguing that a bloc-wide solution is needed to what is a European problem. Seehofer entered Merkel's government as the interior minister, promising a "master plan" to tackle migration.
"They are providing insurance options that have fewer benefits and fewer requirements than ACA-compliant plans", Claxton said.
Republicans repealed the ACA's so-called individual mandate, the requirement that most Americans purchase health insurance or else pay a fine, in an overhaul of the USA tax code past year.
In addition to complaints about additional costs for those who need comprehensive insurance, critics also point out to The New York Times that similar health plans have a history of fraud and abuse that have left both employers and workers with hundreds of millions of dollars in unpaid medical bills. A key concern about Tuesday's announcement is to what degree state regulators will retain oversight over the Trump administration's new plans.
Smaller firms that engage in the same line of business - say, florists or auto mechanics - may join forces and buy the plans across state lines.
The Job Creators Network, a business advocacy group, hailed the move, saying it will "create more options, more competition, and lower costs for Main Street small businesses".
From March to May this year, more than 50,000 people a month were apprehended for illegally crossing the border from Mexico . The executive order certainly is helping pave the way a little bit, but there's still a lot to be done'.
The mother of XXXTentacion , whose real name is Jashey Onfoy, announced Thursday morning that an arrest had been made. XXXTentacion was shot and killed Monday during an apparent robbery in Broward County, Florida.
Thanks to implementation of Blockchain technology, the industry is seeing dramatic improvements in efficiency and cost. That's one of the messages from a new report by an organization that represents dozens of the world's central banks.
With Peru's quick brand of football and their need for a result, the 19-year-old should have more space to attack. The South American side won 1-0 at the Parc des Princes. " Peru are a quality team, a hard team to beat".
Speaking about the kites Wednesday, Conricus said: "They may look like a toy but. they are not toys, they are weapons". Israel's deadly tactics in confronting the weekly Friday protests have drawn global condemnation.
Instead, the study's authors suspect that they retreat to the relative safety of the banks after diving into cold offshore waters. Stewart and his team made a decision to examine 25 years of diving data collected by divers working for the Flower Garden Banks .
Macron's critics held the video up as evidence that the man they call the "president of the rich" lacked empathy with the poor. The president was not happy with his improper conduct, and told the boy: "You call me Mr President of the Republic".
Hopefully, they can recapture the same horror magic they created with the first chapter of Stephen King's classic story. The picture of the Laughing Cow is in reference to Derry, the doomed ME town where King's story of It is set.
When it comes to specs, the files in the source code suggest that this LG Q7 will be equipped with a Snapdragon 450 processor. It has been found that the handset features a 5.5-inch 18:9 LCD display that supports FHD+ resolution of 2160 x 1080 pixels.
Portugal Wins On Cristiano Ronaldo’s Record Goal
Ronaldo headed in the victor as Portugal secured a 1-0 victory over Morocco in their second World Cup group B fixture. The only player to have scored more worldwide goals is Iran's Ali Daei on 109 goals.
Prince Louis' christening date announced
Princess Charlotte was christened on 5 July 2015 at St Mary Magdalene Church in Sandringham. Now eight weeks old, he was born in London on 23 April, weighing 8lb 7oz.
Ricciardo 'offered' mega deal to join McLaren
McLaren are considering setting up an Indycar team in 2019, most likely in partnership with an existing leading outfit. Whether he fluked it or not, he did well for himself with that move.
Akon Launches "Akoin" Cryptocurrency to Help Africa
In fact, Akon said he already has his debate strategy figured out and anticipated how things will play out. The website for Akoin states that a "Akon Crypto City" is now in development on 2,000 acres of land.
Catholic priest slaps baby during Christening
A video emerged online on social media Wednesday showing a French-speaking priest slapping a crying toddler during a baptism. The priest got irritated and was speaking loudly, in a bid to raise his voice over the screams. "So, calm down .
Daimler warns US-China trade war will hit its profits
Carmaker Daimler has said it expects lower earnings this year amid a growing trade spat between the United States and China . Mercedes-Benz had record sales in the first three months of this year , led by China, where sales increased by 17%.
Algeria goes offline to stop students cheating
Ali Kahlane, the president of telecoms association AOTA, said operators were required to conform to the government's demands. Latecomers were banned from taking the exam and instead had to attend a specially organised test.
British PM promises Brexit health service boost
By 2023/24 there will be £20 billion more a year being spent on the NHS "in real terms", Prime Minister Theresa May has revealed. And I'm very clear that we need to make sure that in dealing with social care it doesn't put added pressure is on to the NHS.
Trade fears slam stocks, commodities, investors eye safety
Navarro also indicated that no trade talks with China were planned but said the administration was willing to hold discussions. USA stock markets fell sharply Tuesday, with investors increasingly nervous about the impact of the escalating fight.