Promoting Healthcare Choice and Competition Across the United States

What it means

This order aims to increase healthcare options by expanding access to association health plans, short-term insurance, and health reimbursement arrangements. It directs federal agencies to propose regulations that allow small businesses to band together for insurance and extend the coverage period for short-term plans.

Expected impact

• More affordable health insurance alternatives for small businesses, entrepreneurs, and individuals without employer coverage
• Increased competition in healthcare markets by offering alternatives to ACA marketplace plans
• Potential reduction in consumer protections as some alternative plans may not cover all essential health benefits required by the ACA
• Greater flexibility for employers to provide tax-advantaged health benefits to employees through expanded health reimbursement arrangements