"Trump also proposed to stop "sending big insurance companies billions in extra taxpayer-funded subsidy payments" and instead send the money directly to eligible Americans through their health savings account so they can purchase their own health insurance, according to a fact sheet. The plan would fund a cost-sharing reduction program for health plans and end kickbacks from pharmacy benefit managers to brokerage middlemen as well."
"In addition, health insurers would be required to publish rate and coverage comparisons on their websites in "plain English" and not jargon to make it easier for consumers to make coverage decisions. The Great Healthcare Plan would also require health insurers to publicly disclose how much of their revenue goes to claims versus overhead and profits, as well as their claims denial rates and average wait times for routine care."
Codify Most-Favored-Nation agreements to align U.S. drug prices with those in comparable countries. Redirect taxpayer-funded subsidy payments away from large insurers and deposit them directly into eligible individuals' health savings accounts for purchasing health insurance. Fund a cost-sharing reduction program for health plans and ban pharmacy benefit manager kickbacks to brokerage middlemen. Require health insurers to publish plain-language rate and coverage comparisons online and to disclose revenue allocations to claims versus overhead and profits, claims denial rates, and average wait times for routine care. Some healthcare leaders say the framework lacks detailed implementation mechanisms and clarity on how savings will be achieved.
Read at MedCity News
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