President Donald Trump unveiled a multipart proposal on Thursday aimed at lowering prescription drug costs and lowering health insurance coverage premiums, in addition to rising pricing transparency. He additionally vowed to carry huge insurance coverage firms accountable.
The plan, which the president is asking on Congress to cross, proposes sending cash on to customers, not insurers, as he has advocated for in latest months amid the talk over whether or not to increase the Affordable Care Act’s enhanced premium subsidies, which expired at the tip of final yr.
Many of the proposals have been pushed by Trump or Congress lately. Some additionally construct on measures the president enacted in his first time period or agreements he struck previously yr, together with asking lawmakers to codify his “Most Favored Nation” drug pricing agreements with greater than a dozen pharmaceutical producers.
This is a growing story and can be up to date.