Trump announces long-awaited healthcare plan including direct payments and efforts to cut premiums
Trump unveils healthcare plan aimed at replacing Obamacare subsidies
- Donald Trump's healthcare proposal was unveiled, aiming to introduce a new cost-sharing plan and direct payments to cut premiums on Affordable Care Act exchanges.
- The direct payments, likely via health savings accounts, would replace federal subsidies for Obamacare plans that expired in December, causing significant premium increases for millions.
- The proposal also seeks to regulate pharmacy benefit managers more strictly, broaden the scope of over-the-counter medicines, and codify 'most-favoured nation' status for drug pricing.
- This initiative comes as millions of Americans face surging healthcare costs following the subsidy expiration, with a reported drop in ACA enrollment.
- The White House press secretary claimed the plan represents the 'most comprehensive and bold agenda' to reduce healthcare costs, promising lower expenses for all Americans.