"The Trump administration says it intends to lower prescription prices and healthcare premiums; hold big insurance companies accountable by requiring them to publish their claim costs, overheads and profits; and push insurers and medical providers to provide greater transparency over pricing. Instead of putting the needs of big corporations and special interests first, our plan finally puts you first and puts more money in your pocket, Trump said in a video released by the White House to accompany the plan's publication. I'm calling on Congress to pass this framework into law without delay. Have to do it right now so that we can get immediate relief to the American people."
"The issue of rising healthcare premiums has become a millstone for Republicans in recent weeks after the failure to reach agreement on the extension of Affordable Care Act (ACA) subsidies saw sharp increases for at least 22 million Americans. Last week, 17 members of the Republican House majority broke with the White House to advance legislation restoring credits established during the Biden administration that expired at the end of last year."
President Trump released a short framework called the Great Healthcare Plan that lists four headline objectives but provides few specifics on implementation. The framework aims to lower prescription drug prices and health insurance premiums, require insurers to publish claim costs, overheads and profits, and push greater price transparency from insurers and medical providers. The White House video framed the plan as prioritizing consumers and urged Congress to pass the framework quickly for immediate relief. The rollout was delayed amid internal wrangling, and the plan omits further mention of efforts to weaken or repeal the Affordable Care Act.
#healthcare-affordability #prescription-drug-prices #insurance-transparency #affordable-care-act-aca
Read at www.theguardian.com
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