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Fixing Health-Insurance Markets

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“For years, Republican politicians assailed the Affordable Care Act for causing health-insurance premiums to rise, out-of-pocket costs to soar, and insurers to drop out of the marketplace altogether. Yet the congressional GOP has failed to enact legislation to supersede it, despite enjoying majorities in both houses and a Republican president. Nonetheless, incremental reforms have been made. President Trump issued an executive order to make available cheaper insurance plans outside the framework of the ACA’s regulations, and Congress has repealed the individual-mandate penalty, to which individuals purchasing such non-ACA-compliant plans would otherwise have been subject.”

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