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Some Americans who froze their credit reports following the big data breach this year at the credit-rating firm Equifax may be in for a surprise if they try to purchase insurance on the federal health laws marketplaces.
Experts and regulators are raising red flags about one set of limited benefit plans marketed to individuals as ACA coverage for as little as $93 a month. Such plans could leave buyers incorrectly thinking they are exempt from paying a penalty for not having coverage.
After the Trump administration slashed funding and deeply curtailed the availability of ACA navigators, the Department of Health and Human Services is turning to brokers to fill the gap.
In Thursdays directive, Trump is expected to loosen rules around policies sold through associations, which can be for instance, professional-affiliation groups.
Under association health plans, small businesses can join associations based on certain types of professional, trade or interest groups that offer insurance to members.
