President Donald Trump plans to release his draft health care plan as early as Monday, according to two White House insiders.
MS NOW reported on Sunday that Trump will announce a “general framework” of his health care plan and call on Congress to send him a bill that would address the dramatic spike in health care costs that occurred because of expired Affordable Care Act subsidies. That spike in health care premiums create a “sense of urgency” for Trump to release the plan, the insiders told the outlet.
“Trump’s proposed legislation, called the ‘Healthcare Price Cuts Act,’ according to both White House officials, would seek to terminate what one of the White House officials referred to as ‘surprise premium hikes’ generated by the ACA,” MS NOW reported. “The plan would also eliminate ‘zero-premium’ subsidies currently offered under the ACA, intending to stop ‘ghost beneficiaries,’ a frequent Republican concern about alleged fraudulent policy recipients, by requiring a small minimum payment as a means to verify eligibility to receive benefits.”
“The nascent plan also features a deposit program that would incentivize lower-premium options on the ACA exchange,” the report continues. “For individuals who downgrade coverage, the difference in coverage costs would be distributed to a ‘Health Savings Account’ provided with taxpayer dollars.”
Read the entire report by clicking here.
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