Trump Signs Executive Order on the Affordable Care Act 1-23-17

25 January 2017 By Barry E. Fields
Trump Signs Exeuctive Ordee Trump Signs Exeuctive Ordee

On January 20, 2017, President Donald Trump signed an executive order addressing the Affordable Care Act (ACA), as his first act as president. The order states that it is intended to “to minimize the unwarranted economic and regulatory burdens” of the ACA until the law can be repealed and eventually replaced. The executive order broadly directs the Department of Health and Human Services (HHS) and other federal agencies to waive, delay or grant exemptions from ACA requirements that may impose a financial burden.

An executive order is a broad policy directive that is used to establish how laws will be enforced by the administration. It does not include specific guidance regarding any particular ACA requirement or provision, and does not change any existing regulations.  As a result, the executive order’s specific impact will remain largely unclear until the new administration is fully in place and can begin implementing these changes.

No ACA provisions or requirements have been eliminated or delayed at this time as a result of President Trump’s actions.  Therefore, you should continue to prepare for upcoming requirements and deadlines (i.e., ACA filing, Employer Mandate, Individual Mandate, etc.) to ensure full compliance.

Looking forward, there is a strong possibility that the Individual Mandate for citizens to have insurance will be repealed as well as the Employer Mandate for employers to provide Affordable coverage.  Meanwhile, the expectation is that coverage will continue for pre-existing conditions and dependents to age 26.  Subsidies for individual coverage obtained in the Marketplace Exchange will also likely continue, but with significant changes.

We will keep you informed as new information becomes available.  Stay tuned!  Please let me know if you have any questions.

Barry E. Fields
Vice President, Employee Benefits
JGS Insurance
960 Holmdel Road, Bldg. 1
Holmdel, NJ 07733
Phone:  732-837-1068
Cell:  908-406-7000
Fax:  732-834-0233

Last modified on Wednesday, 25 January 2017 21:43

Contact us

For questions or more information, please contact us by phone or email.


Connect with us

We're on Social Networks. Follow us & get in touch.