Photo Released by The White House
(Washington, DC) – President Donald Trump is calling on Congress to pass what he’s branding “The Great Healthcare Plan,” a sweeping proposal aimed at lowering prescription drug prices, cutting insurance premiums, and forcing transparency on what he calls a broken healthcare system rigged for corporations.
At the core of the plan is codifying Trump’s Most-Favored-Nation drug pricing, which would require Americans to pay no more for prescription drugs than patients in other countries. The proposal builds on Trump’s first-term actions that lowered insulin prices and recent executive orders that pushed voluntary negotiations with federal health agencies. The plan would also expand access to over-the-counter medications, reducing the need for doctor visits and increasing competition.
Trump’s plan also targets big insurance companies, ending billions in taxpayer-funded subsidies and instead sending that money directly to eligible Americans so they can choose their own health plans. It would fund a cost-sharing reduction program projected to save taxpayers at least $36 billion and cut Obamacare plan premiums by more than 10 percent, while eliminating pharmacy benefit manager kickbacks that critics say quietly drive up costs.
The proposal mandates aggressive price transparency, requiring insurers to publish claim denial rates, overhead versus profit breakdowns, and coverage details in plain English. Healthcare providers and insurers accepting Medicare or Medicaid would be required to post prices publicly, a move Trump says will finally end surprise medical bills and hold the healthcare industry accountable.
