Trump’s ‘great healthcare plan’ would lower drug costs and insurance premiums
President Trump released his “great healthcare plan” on Thursday that he vowed will put Americans first and allow them to purchase their own healthcare options, thereby lowering the cost of prescription drugs and insurance premiums.
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“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 healthcare,” he said in a video announcing his plan.
The proposal will lower prescription drug prices, decrease insurance premiums, and require greater transparency from insurance companies when it comes to coverage and rate details, according to a White House fact sheet.
“The big insurance companies lose and the people of our country win,” Trump said.
His plan requires passage by Congress, which is currently controlled by Republicans although it could face tough opposition in the Senate. Trump urged lawmakers to pass it immediately.
“Do it right now,” he said.
Under the president’s plan, the government would place funds in healthcare savings accounts for Americans to use. It would also create a website – Trump RX – to make safe pharmaceutical drugs available for over the counter purchase.
Administration officials estimated people would save between 10 percent and 15 percent on health care premiums under the president’s proposal.
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