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Trump issues order to deregulate health insurance, promising relief from Obamacare

President Trump moved Thursday to scale back rules on health insurance across the country in the administration’s most ambitious effort to date to use its regulatory powers to undermine the Affordable Care Act.The controversial new executive order Trump issued aims to open the way for a greater number of relatively cheap health plans that could offer skimpier coverage than allowed under the healthcare law, often called Obamacare.His new order will “provide millions of Americans with Obamacare relief,” Trump said as he released the order. The changes will “increase competition, increase choice and increase access to lower priced, high quality healthcare options.”“People will have great, great healthcar ...