Trump plan: Less health insurance for lower premiums

The Trump administration spelled out a plan on Tuesday to lower the cost of health insurance: give consumers the option of buying less coverage in exchange for reduced premiums.

The proposed regulations would expand an alternative to the comprehensive medical plans required under former President Barack Obama's health law.

Individuals could buy so-called "short-term" policies for up to 12 months. But the coverage would omit key consumer protections and offer fewer benefits, making it unattractive for people with health problems.

Continue reading: ABC News