President Trump signed an executive order late Friday giving federal agencies broad powers to unwind regulations created under the Affordable Care Act, which might include enforcement of the penalty for people who fail to carry the health insurance that the law requires of most Americans.....It does not describe specific federal rules to be softened or lifted, but it appears to give room for agencies to eliminate an array of ACA taxes and requirements.
As soon as Trump gets his people in place at HHS, the rules will begin to vaporize, the taxes on the rich that fund subsidies for lower income families will almost certainly end, and a huge financial bleed will start. Compounded enormously when the individual requirement, or mandate, is dropped.
Trump believes the ACA is a disaster.
He believes the huoooge victory he won in the election means ending Obamacare is what the people want, and ASAP. Insurance companies will not act as precipitously as Trump, but they can cancel plans at any point when ACA funding from Trump's Department HHS starts drying up.