Trump Further Chips Away at Obamacare by Expanding Short-Term Health Plans

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The Trump administration moved Wednesday to expand health insurance options and affordability for Americans, with a new rule allowing cheaper new and renewable health insurance plans that consumers can use for up to a year.

The Department of Health and Human Services, Labor Department, and Treasury Department released the final rule that allows consumers to buy “short-term, limited duration” health insurance plans that are not subject to the Obamacare requirements. Consumers can have the plans for up to a year, instead of three months under the new rule.

The average monthly premium for an individual with a short-term plan in the fourth quarter of 2016 was …

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