Trump announces health care plan to cut ACA costs requiring Congress' approval
NBC News • • general
Key Points:
- The Trump administration unveiled "The Great Healthcare Plan," aiming to lower U.S. health care costs by reducing prescription drug prices, redirecting government subsidies directly to consumers, and increasing price transparency, but the plan lacks detailed implementation strategies.
- The proposal coincides with ongoing Republican negotiations over extending enhanced Affordable Care Act (ACA) tax credits, which expired at the end of 2023, contributing to rising premiums, though the Senate's upcoming recess reduces the likelihood of immediate legislative action.
- Administration officials emphasized sending federal funds directly to patients, potentially through health savings accounts, but experts criticize this approach as unrealistic and potentially destabilizing to the ACA marketplaces, risking coverage for people with pre-existing conditions.
- The plan also highlights Trump's "most
