The Trump administration announced a plan aimed at lowering health care costs in the U.S. on Thursday, just as Affordable Care Act open enrollment ends in most states. But the plan lacks key details and largely restates proposals President Donald Trump has previously outlined.
The proposal, dubbed “The Great Healthcare Plan,” is being framed by administration officials as a broader effort to rein in health costs, including lowering prescription drug prices, redirecting government subsidies from insurers to consumers and expanding price transparency requirements.
Trump has been promising a health care plan overhaul for months. The outline for the plan lands as Republicans in Congress negotiate for a bill to extend the enhanced ACA tax credits, which expired Dec. 31 and led to higher premiums for millions of people. The Senate is set leave for a weeklong recess, further diminishing any chance of a deal.
Well, this is a start anyway for Republicans who usually do nothing but complain about ObamaCare without having any plan of their own. But without any clear funding or an execution timeline, how serious is the GOP about this? Only time will tell.
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