The White House unveiled Donald Trump’s long-awaited health care proposal, which would implement and fund a new cost-sharing plan aimed at driving down premiums for plans on the Affordable Care Act exchanges while also providing direct payments to Americans.
Likely to be put into legislation in the form of health savings accounts, the president’s direct payments would be a substitute for the direct federal subsidies for Obamacare plans in the form of premium tax credits passed in 2022. Those tax credits affected the vast majority of plans on the exchanges.
