Trump administration issues final rule on stricter Obamacare enrollment

Trump administration issues final rule on stricter Obamacare enrollmentBy Yasmeen Abutaleb WASHINGTON (Reuters) – The Trump administration on Thursday issued a final rule that will shorten the Obamacare enrollment period and give insurers more of what they say they need in the individual insurance market, likely making it harder for some consumers to purchase insurance, healthcare experts said. It could also raise out-of-pocket medical expenses, the experts said, because it gives insurers more flexibility in determining the value of their coverage. The rule, which takes effect later this year, comes as President Donald Trump and Republicans in Congress have renewed efforts to repeal and replace the Affordable Care Act, commonly known as Obamacare, after an effort to pass a bill in the U.S. House of Representatives failed last month.



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