INSURANCE

Trump Will Require Insurance Companies to Cover Preexisting Conditions

The president just recently did something about it to reduce the expense of prescription drugs

President Trump will require the insurer to cover all patients with preexisting conditions, he stated throughout a press briefing on Friday.

“We will be pursuing a major executive order requiring health insurance coverage business to cover all preexisting conditions for all of its clients,” Trump said. “This has never been done before however, it’s time individuals of our country are effectively represented and effectively taken care of.”

The Affordable Care Act, which the administration has taken steps to undo, supplies coverage for preexisting conditions, which implies an insurer can not refuse to cover an individual based upon illness.

Last month, the president also announced a series of actions aimed at decreasing the expense of prescription drug rates. Among them were permitting the importation of prescription drugs from Canada and other countries and cutting out the “middlemen” to provide discounts directly to consumers.

Trump made the remarks about pre-existing conditions on Friday throughout a press conference where he also described executive action his administration might require to provide coronavirus relief to American households as stimulus discussions stall on Capitol Hill.

Those steps consist of securing people versus expulsions, delaying the payroll tax for the remainder of the year, providing enhanced welfare, and supplying relief for people with trainee loan financial obligation.

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