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The United States will launch its national market for health insurance in 2019, the Department of Health and Human Services announced on Monday.
The announcement comes amid a series of policy announcements by the Trump administration aimed at improving access to affordable healthcare in the country.
The new market, dubbed “Marketplace for Healthcare Insurance,” will provide consumers with a secure, affordable and reliable solution for health coverage in the United States.
Healthcare coverage in this market will be offered through state-owned healthcare plans.
The department announced that the market will cover the following areas: (1) primary care; (2) emergency and mental health; (3) mental health, including substance use disorder; and (4) chronic illness.
The announcement comes as many of the nation’s largest employers are looking to increase their participation in the market.
According to the department, the marketplaces will be operated by the Department for Healthcare and Family Services (HFS).
The government has also announced a new program for employers in which employers are eligible to receive up to $10,000 in government assistance to help cover the costs of providing health coverage for employees.
In 2018, the Trump Administration also announced it was launching a pilot program to provide free healthcare to US citizens who had been unemployed for more than one month.
On Monday, the president also announced that he is directing the Department to start offering affordable healthcare coverage to US military veterans.
President Trump’s announcement comes on the heels of a report by the Associated Press which found that the average American is paying over $3,500 in out-of-pocket healthcare costs per year.
The president has previously promised to lower the cost of healthcare by $10 per year over a three-year period.
However, the new health insurance market could be a boon for small business owners.
“The marketplace will offer Americans a choice in which plans to purchase, how to pay for them and the cost structure to cover them,” HHS Secretary Sylvia Burwell said in a statement.
This is the second time in as many months that the Trump’s administration has announced a national market.
The agency also announced in September that it was partnering with US insurance giant Blue Cross Blue Shield of Minnesota to offer a single-payer healthcare system for individuals and small businesses.
Burwell has also previously called for a “new American system” in which all Americans could be guaranteed access to health insurance.
At the same time, the administration has also begun to roll back protections for older Americans and disabled veterans.
In June, the agency said it was reversing a rule that had previously allowed individuals to stay on their current healthcare plans until age 70.
Trump also has announced an increase in military pensions to $85,000, but has also promised to expand benefits for the veterans currently serving in the military.
Last week, the White House announced that a federal healthcare fund will be established to help Americans with disabilities afford their healthcare premiums.
Meanwhile, the department announced plans to launch a pilot project to provide Medicaid coverage for pregnant women and to allow the creation of new medical marijuana facilities.
These announcements come as a growing number of Americans have begun to use the hashtag #HandsOffOurMedicaid to voice their opposition to the expansion of Medicaid in the US.
As of March, more than 10 million Americans were covered by Medicaid.