Trump pledges new "Great Healthcare" plan to curb insurers and cut drug costs
Donald Trump announced he will push a "Great Healthcare plan" that would limit insurance company payments and give funds directly to consumers.
At the GOP midterm convention in Dallas, Donald Trump outlined a forthcoming "Great Healthcare plan" aimed at overhauling the current system. The plan would halt government payments to major insurance firms and instead provide those funds directly to consumers, allowing them to purchase their own coverage. Trump also said he would cement policies that slash prescription drug prices and eliminate surprise medical billing, including making existing price-reduction agreements permanent.
The initiative reflects prior Republican proposals to channel subsidies straight to households rather than through insurers. While the president highlighted these goals, specific mechanisms and a congressional schedule were not disclosed. The announcement follows last year's debate over expiring enhanced Obamacare subsidies and previous attempts at comprehensive reform during his first term.
Why it matters
The proposal could reshape U.S. health financing, affecting insurers, drug prices, and consumer out-of-pocket costs.
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