New Mexico insurance regulators urge caution on Trump order
October 13, 2017
SANTA FE, N.M. (AP) — New Mexico insurance regulars are warning that consumers may need to be more vigilant as they buy health coverage in the future, under President Donald Trump's executive order for cheaper and less-regulated health plans for individuals.
A spokeswoman for state Insurance Superintendent John Franchini on Thursday said the president's order could lead to benefit caps and exclusions for medical conditions as it creates new low-cost insurance options.
Trump's order aims to broaden the use of "association health plans" to encourage competition across state lines. It also s...