Right from the Horse's Ass's mouth.
CALLING ON CONGRESS TO LOWER HEALTHCARE COSTS
President Donald J. Trump is calling on Congress to enact the Great Healthcare Plan, a comprehensive plan to lower drug prices, lower insurance premiums, hold big insurance companies accountable, and maximize price transparency.
LOWERING DRUG PRICES
The Great Healthcare Plan calls for codifying the Trump Administration’s Most-Favored-Nation deals to get Americans the same low prices for prescription drugs that people in other countries pay. This would build off President Trump’s landmark actions that made insulin more affordable in his first term and the successful voluntary negotiations following his recent Executive Order to lower drug prices. Voluntarily negotiated deals with HHS/CMS will be grandfathered in.
The Great Healthcare Plan makes more verified safe pharmaceutical drugs available for over-the-counter purchase. This will lower healthcare costs and increase consumer choice by strengthening price transparency, increasing competition, and reducing the need for costly and time-consuming doctor’s visits.
LOWERING INSURANCE PREMIUMS
The Great Healthcare Plan stops sending big insurance companies billions in extra taxpayer-funded subsidy payments and instead send that money directly to eligible Americans to allow them to buy the health insurance of their choice.
The Great Healthcare Plan funds a cost-sharing reduction program for healthcare plans which would save taxpayers at least $36 billion and reduce the most common Obamacare plan premiums by over 10% according to the Congressional Budget Office.
The Great Healthcare Plan will end the kickbacks paid by pharmacy benefit managers (PBMs) to the large brokerage middlemen that deceptively raise the cost of health insurance.
HOLDING BIG INSURANCE COMPANIES ACCOUNTABLE
The Great Healthcare Plan creates the “Plain English Insurance” Standard by requiring health insurance companies to publish rate and coverage comparisons upfront on their websites in plain English—not industry jargon—so consumers can make better insurance purchasing decisions.
The Great Healthcare Plan will require health insurance companies to publish the percentage of their revenues that are paid out to claims versus overhead costs and profits on their websites.
The Great Healthcare Plan will require health insurance companies to publish the percentage of insurance claims they reject and average wait times for routine care on their websites.
MAXIMIZE PRICE TRANSPARENCY
The Great Healthcare Plan requires any healthcare provider or insurer who accepts Medicare or Medicaid to prominently post their pricing and fees in their place of business.
So, wow. This isn't so much a capital P "Plan" as it's just a list ofshit that Trump wants Congress to just go ahead and do, if they'd be so very kind. How long do you think that's all gonna take? A year? Two years? While people's insurance premiums have doubled and tripled?
And there is no specified or even hinted at amount of just how much Trump's subjects are going to get to go towards their insurance premiums with thi9s horseshit. He's floated the idea of as much as $2,000 a year. Wow. What a guy.
Let's use my last year on Obamacare before going on Medicare.
I was paying around $575 per month for the cheapest decent coverage I could get. And the subsidy that made up the difference of the premium was about $800. So that means that the entire premium was about $1,375 per month.
If I was two years younger right now and that was my setup, I couldn't pay that whole premium and I'd have to try to slide with nothing until I could get on Medicare.
OH! But Trump says he is going to lower premiums by 10% or 15%! That will surely help us little guys, right?
Well, no. If he lowers that $1,375 premium 15%, it would be $206.25 less for a premium total of $1,168.75.
That's still over twice what I was paying with Obamacare.
OH! But let's add in Trump's gracious annual donation to us of $2,000 to go towards our years' worth of premiums. That's another $166.66 we can take off every month!... to leave a premium total of... $1,002.09.
That's still nearly twice what I was paying with Obamacare.
And this is all if the policy I had then was the same price now.
It's all a scam, he's just scamming theshit out of us again. Totally expected.
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