President Donald Trump unveiled his new "Great Healthcare Plan" Jan. 15, 2025. (Yuri Gripas/Abaca/Bloomberg via Getty Images)
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.
Sunrise light hits the U.S. Capitol dome on Thursday, January 2, 2025, as the 119th Congress is set to begin Friday. (Bill Clark/CQ-Roll Call, Inc via Getty Images)
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"These are commonsense actions that make up President Trump's Great Healthcare Plan, and they represent the most comprehensive and bold agenda to lower health care costs to have ever been considered by the federal government," White House press secretary Karoline Leavitt told reporters on Thursday. "Congress should immediately take up President Trump's plan and pass it into law."
Meanwhile, the Senate is prepared to vote on extending the Affordable Care Act subsidies, which were a sticking point during the government shutdown in October and expired at the end of 2025. The House passed extending the subsidies for three years Jan. 8.
Diana Stancy is a politics reporter with Fox News Digital covering the White House.
https://www.foxnews.com/politics/trump-rolls-out-great-healthcare-plan-urges-congress-slash-costs-americans