President Donald Trump said he intends to sign an executive order permitting health insurers to sell policies across state lines, Politico reports.
"I'll probably be signing a very major executive order where people can go out across state lines, do lots of things and buy their own healthcare, and that will be probably signed next week," President Trump said Wednesday. "It's being finished now. It's gonna cover a lot of territory and a lot of people — millions of people."
While proponents of the policy argue it could boost competition in insurance markets, state insurance commissioners, consumer advocates and payers widely oppose it, the report states. Previous attempts to enact the policy in Georgia, Maine and Wyoming failed, in part, due to a lack of insurer interest in creating competitive provider networks in states where they have no members.
For the full report, click here.