Trump announces outlines of health care plan he wants Congress to consider

Trump announces outlines of health care plan he wants Congress to consider

AP News general

Key Points:

  • President Donald Trump unveiled a health care plan proposing direct payments to Americans for health savings accounts to manage insurance and medical costs, aiming to lower premiums and drug prices while increasing transparency from insurers.
  • The plan lacks specific details on funding amounts or eligibility, and Democrats criticize it as insufficient compared to prior tax credits that helped reduce premiums under the Affordable Care Act.
  • Trump’s proposal includes restoring cost-sharing reductions to lower premiums for mid-tier plans, though analysts warn this could inadvertently raise costs for other plan tiers.
  • The administration also seeks to expand over-the-counter availability of certain medications and codify drug price reductions by benchmarking U.S. prices to the lowest prices paid internationally.
  • The plan follows recent Republican-led federal cuts to health and food assistance programs,