Trump rolls out ‘Great Healthcare Plan,’ urges Congress to slash costs for Americans
President Donald Trump unveiled his new "Great Healthcare Plan" Thursday, and urged Congress to create and pass legislation with the provisions included in an attempt to lower healthcare costs for...
By Fox News · Fox News
President Donald Trump unveiled his new " Great Healthcare Plan " Thursday, and urged Congress to create and pass legislation with the provisions included in an attempt to lower healthcare costs for Americans. The plan, which comes amid a big push from the White House to focus on affordability issues for Americans, calls on Congress to get behind a series of provisions outlined in the plan that stem largely from previous executive orders the president has signed during this term. DEMOCRATS HOLD THE GOVERNMENT HOSTAGE OVER SUBSIDIES AMERICANS DON’T WANT Specifically, the "Great Healthcare Plan" calls on Congress to codify Trump’s most "favored nations drug pricing" initiative that instructs drug companies to lower costs and keep them in alignment with what drugs in other developed countries cost, according to a White House fact sheet. Trump issued an executive order on the matter in May. The plan also aims to maximize price transparency, and require providers or insurers to take Medicare or Medicaid to "prominently post their pricing and fees in their place of business and ensure insurance companies are complying with price transparency requirements," according to the fact sheet. 17 REPUBLICANS REBEL AGAINST HOUSE GOP LEADERS, JOIN DEMS TO PASS OBAMACARE EXTENSION The plan also calls for ending taxpayer-funded subsidy payments to insurance companies, and instead of sending those funds to eligible Americans instead — a proposal that Trump has suggested previously. "The government is going to pay the money directly to you. It goes to you, and then you take the money and buy your own health care ," Trump said in a video the White House released Thursday. "Nobody has ever heard of that before, and that's the way it is." It’s unclear how the federal government plans to directly distribute funds to Americans, and an administration official told reporters Thursday that the administration is open to working with Congress on that front. "These are commonsense actions that ma…