President Donald Trump urged lawmakers to quickly pass what the White House calls the “Great Healthcare Plan,” a proposal the administration says would sharply reduce prescription drug prices, lower insurance premiums, and redirect federal health spending directly to Americans.
By yourNEWS Media Newsroom
President Donald Trump on Thursday called on Congress to enact a broad healthcare overhaul that the White House says is designed to lower medical costs, curb pharmaceutical pricing, and reshape how federal health dollars are distributed.
At the center of the proposal, detailed in a White House fact sheet, is Trump’s long-standing push to reduce prescription drug prices by ensuring Americans pay no more than patients in other developed nations. The plan would codify a “most-favored-nation” pricing policy, building on actions taken during Trump’s first term and on more recent executive orders that the administration says have led to voluntary price-cutting agreements with pharmaceutical companies.
“This proposal locks in the massive discount on prescription drugs that my administration is achieving through our most-favored-nations drug pricing agreement,” Trump said in a separate White House release. “It’ll bring down drug prices 80, 90% in some cases.”
Under the framework, existing negotiated agreements with federal health agencies would remain in place. The plan also calls for expanding access to verified, safe medications for over-the-counter purchase, a move the administration says would reduce the need for doctor visits while increasing competition and transparency in the drug market.
The proposal extends beyond pharmaceuticals to target health insurance premiums, which the administration argues have been driven higher by subsidies and industry intermediaries. Rather than routing billions of taxpayer dollars through large insurance companies, the plan would direct funds straight to eligible Americans, allowing them to purchase coverage of their choosing.
“The government is going to pay the money directly to you,” Trump said. “It goes to you, and then you take the money and buy your own healthcare … the big insurance companies lose and the people of our country win.”
According to the administration, the plan would also fund cost-sharing reductions that the Congressional Budget Office estimates could save taxpayers at least $36 billion while lowering premiums on the most common Affordable Care Act plans by more than 10%.
Additional provisions would eliminate pharmacy benefit manager kickbacks, which the White House says artificially inflate insurance costs, and impose new disclosure requirements on insurers. Under a proposed “Plain English” standard, companies would be required to clearly outline coverage terms, denial rates, profits, and overhead costs, allowing consumers to compare plans without navigating technical language.
The plan further emphasizes price transparency, requiring hospitals and insurers that accept Medicare or Medicaid to publicly post prices and fees.
“We will have maximum price transparency and costs will come down incredibly,” Trump said, urging Congress to act quickly. “I’m calling on Congress to pass this framework into law without delay — we have to do it right now so that we can get immediate relief to the American people.”
The proposal now awaits consideration by lawmakers, setting the stage for what could become a major healthcare policy debate on Capitol Hill in the weeks ahead.
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