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The Trump administration’s project to undermine the Affordable Care Act insurance exchanges is now complete. Its latest rule will allow employers to funnel tax-exempt cash to employees to buy health plans.
Workers could use the cash—comparable to the vouchers once proposed for Medicare—to buy plans that meet ACA standards. Or, they could use a separate account to buy short-term or limited-benefit plans, which include ones that discriminate against people with pre-existing conditions.
