HomeLatest NewsFederal NewsTrump’s health policies will provide $45B in annual benefit, White House economists...

Trump’s health policies will provide $45B in annual benefit, White House economists claim

PoliticoPro: Adam Cancryn and Dan Diamond

The Trump administration’s health care policies — including the elimination of Obamacare’s individual mandate penalty and new rules around short-term and association health plans — will generate billions of dollars in benefits to Americans over the next decade, the White House’s Council of Economic Advisers asserted this morning.

The council, which guides President Donald Trump’s economic policy, concluded that zeroing out the ACA’s mandate penalty is worth $14 billion in benefits per year. Expanding access to short-term and association health plans, which are typically cheaper and less robust than Obamacare plans, is creating $16 billion in annual benefits, according to its analysis.

The Trump administration will generate another $15 billion in benefits per year through changes to labor taxation burdens.

On a call with reporters, senior administration officials said they included in their calculations both the actual projected dollars saved from the policies and the estimated value they would create for consumers who will spend their money on goods or services they value more highly.

“Our metrics include the value to those who are affected and can make choices in their own best interest,” said one official who spoke on a condition of anonymity.

Critics of the White House’s health policy decisions maintain that any short-term financial benefits to Americans from loosening federal health care regulations will ultimately be canceled out, as patients who choose less comprehensive coverage or even go uninsured end up facing larger health care bills.

The Trump administration has largely relied on administrative changes to reshape the health care system after failing to fully repeal and replace the Affordable Care Act in 2017.

House Democrats are seeking now to reverse some of those moves, introducing a trio of bills this week that would restore ACA outreach and enrollment funding cut by the administration and reimpose Obama-era restrictions on short-term plans.

Stay Connected

Unified Voice Newsletter

Events This Month

march

04marAll Day08Rev Cycle A-ZSDHFMA Event

05mar12:00 pm1:00 pmWrite with Purpose - Take back Hours by Writing BetterSDAHO Webinar

06mar1:00 pm2:00 pmPediatric Injury Prevention: From Bare Bones to Grandiose! It All HelpsDenver Health Trauma Webinar

07marAll DayMultidisciplinary Response to Victim Services Conference

07mar8:30 am11:45 amSpotlight Series for Healthcare ProvidersAvera Education


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact