The Trump administration issued a proposal that it said will stabilize Obamacare's health insurance markets on Wednesday, tightening when people can sign up for coverage and giving health insurers more flexibility.

The U.S. Department of Health and Human Services proposed a new regulation even as President Donald Trump seeks to repeal the law. In the meantime, the health department lead by his new secretary, Tom Price, is trying to placate health insurers that are considering dropping out of the program's government-run markets, threatening to leave people without options in a growing number of states.

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