Trump to sign order rolling back health insurance regulations: report

President Trump will sign an executive order next week aimed at rolling back health insurance regulations put in place by former President Obama in an effort to undo his predecessor's signature health-care law, according to The Wall Street Journal.

The order will direct the Departments of Health and Human Services (HHS), Labor, and Treasury to make it easier for individuals to group together and purchase insurance through "association health plans," according to the report. 

The president also directs the agencies in the order to roll back the Obama administration regulations of "short-term medical insurance," which is a cheap limited-protection option that the former administration claimed did not provide adequate coverage for individuals. 

The regulation requiring insurance plans to cover a set of package benefits will also be rolled back, according to the Journal. 

The order is seen as an effort from the president to roll back parts of ObamaCare after his administration and Republicans failed to fulfill their seven-year campaign promise to repeal and replace the law. 

The report comes after Trump tweeted on Saturday that he called Senate Minority Leader Charles Schumer (D-N.Y.) on Friday to discuss health-care reform. 

The move likely to unsettle Republicans, who have already watched Trump partner with congressional Democrats on a debt ceiling deal. 

Republicans and Trump are in the process of trying to score their first legislative victory this year in the form of tax reform.