Action Alert
President Trump’s Great Healthcare Plan
The Great Healthcare Plan is a four-pillar proposal to reduce drug prices, lower insurance premiums by redirecting subsidies to individuals, increase transparency, and hold insurers accountable.
Key components of the 2026 "Great Healthcare Plan" include:
- Lowering Prescription Drug Prices: The plan calls for codifying "Most-Favored-Nation" deals, ensuring U.S. drug prices align with the lowest prices paid in other developed nations. It also aims to increase access to over-the-counter medications and reduce costs through a "Trump Rx" platform.
- Direct-to-Consumer Subsidies: The proposal seeks to end billions in federal subsidy payments to large insurance companies and redirect those funds to "eligible Americans" to purchase insurance of their choice.
- "Plain English" Insurance Standards: Insurers would be required to publish clear, non-jargon, and transparent data on their websites, including rate comparisons, coverage details, and the percentage of revenues spent on claims versus profits.
- Increased Price Transparency: The plan requires healthcare providers and insurers who accept Medicare or Medicaid to publicly post their pricing and fees to reduce surprise medical bills.
- Eliminating PBM Kickbacks: The proposal aims to end payments from pharmacy benefit managers (PBMs) to middlemen, which the administration claims artificially inflate insurance costs.
- Funding Cost-Sharing Reductions: The plan proposes funding a cost-sharing reduction program, which the administration claims could reduce Obamacare (ACA) plan premiums by over 10%.
Supporters argue that President Trump’s healthcare plan aimed to reintroduce competition and consumer choice into a system burdened by federal mandates. By reducing regulations, expanding health savings accounts, and granting states greater flexibility, the plan sought to lower premiums and encourage innovation. Advocates contend that decentralizing healthcare policy would better reflect local needs, promote fiscal responsibility, and empower individuals rather than placing decision-making authority in the federal government.
Opponents argue that President Trump’s healthcare plan undermined coverage protections by weakening federal standards and reducing Medicaid support. Critics maintain that greater reliance on market forces would disproportionately harm low-income, elderly, and chronically ill Americans, leading to higher out-of-pocket costs and increased numbers of uninsured individuals. From this perspective, the plan emphasized deregulation and cost-cutting at the expense of access, stability, and equity in the healthcare system.
Do you think the President's plan will reduce medical costs and expand coverage?
