While Congressional Republicans appear far from united on how toproceed with a plan to fully repeal and replace the AffordableCare Act, President Donald Trump wasted no time puttingin place an executive order that could significantlyimpact existing law, potentially unraveling the entire ACA privateinsurance marketplace.

Trump's executive order directed federal agencies to“waive, defer, grant exemptions from, or delay the implementationof any provision or requirement” of the ACA that would “impose afiscal burden” on states, health care providers or individuals.

The order is limited in scope, since much ofthe ACA can only be undone by an act of Congress.However, the directive may very well undo much of the enforcementthat underpins the ACA marketplace, including of the individualmandate to purchase insurance and a variety of mandates onemployers, including the requirement to provide full-time employeeswith coverage or pay a fine.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.