US President Trump asks Congress to enact his health-care plan and wants low insurance premiums and insurance Cos. accountable; plan asks Congress to codify drug-cost lowering deals
Importance
Level 1
- Promises to make more Pharmaceutical drugs available for over-the-counter purchases.
- “It fully funds a long-neglected part of the law known as the Cost Sharing Reduction program. This measure alone should cut premiums on the most popular Obamacare plans—it’s hard to believe there are any because it’s a hated program, it’s unaffordable—but it’s going to cut them by an average of 10 to 15%.”
- Plan would require companies to publish percentage of rejected claims, percentage of revenues paid on claims vs overhead.
- Plan would require Insurance companies to publish rate and coverage comparisons
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