Trump at the White House in September. Photo: Alex Brandon / AP

President Trump will issue a new executive order this week rolling back a handful of Obama-era health care policies and expanding access to cheaper, less comprehensive insurance plans, The Wall Street Journal reports.

What it means: Association health plans and short-term insurance function similarly: They create lower-cost, less comprehensive options that are most likely to appeal to healthy people.

The details of the order, according to WSJ, are that it will:

  • Direct federal agencies to expand access to association health plans, which would be exempt from many of the Affordable Care Act's coverage requirements.
  • Expand access to short-term health plans, which also cover a more limited set of benefits, with a lower premium. President Obama limited those plans to 90 days; Trump will likely allow people to buy them for up to a year.
  • Allow consumers to use tax-preferred health savings accounts to pay their premiums.

The fear — among Democrats as well as insurance companies — is that those healthier consumers would choose these new plans and leave only sicker, more expensive consumers buying comprehensive coverage through the ACA's exchanges. If that happens, expect insurers to raise their rates or look for the exit.

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Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

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Trump says he intends to give RNC speech on White House lawn

President Trump speaking to reporters on South Lawn in July. Photo: Jabin Botsford/The Washington Post via Getty Images

President Trump told the New York Post on Thursday that he plans to deliver his Republican National Convention speech from the White House lawn, despite bipartisan criticism of the optics and legality of the location.

Why it matters: Previous presidents avoided blurring staged campaign-style events — like party conventions — with official business of governing on the White House premises, per Politico.

Fauci's guidance on pre-vaccine coronavirus treatments

Illustration: Aïda Amer/Axios

Antibody drugs and various medicine cocktails against the coronavirus are progressing and may provide some relief before vaccines.

The big picture: Everyone wants to know how and when they can return to "normal" life, as vaccines are not expected to be ready for most Americans for at least a year. Two therapies are known to be helpful, and more could be announced by late September, NIAID Director Anthony Fauci tells Axios.