Monument Advocacy’s health practice lead, Joel White, spoke with The New York Times about the Trump administration floating an idea of allowing Americans to borrow money from their health insurance company when they can’t afford out-of-pocket medical costs.
A lending option offered by insurers is essentially a workaround to mitigate the high cost of A.C.A. plans, said Joel White, a health care consultant who advises Republicans. “With a higher deductible, you get a lower premium,” he said. “People are looking for any kind of relief.”
Under the law, insurers have little leeway to be creative in the kind of plans they sell, according to Mr. White, and the Trump administration is attempting to encourage companies to develop new types of plans that better meet people’s needs.
“We’ve regulated this market to death,” he said.