House Republicans Propose Health Care Package Without ACA Subsidy Extension
House Republicans, led by Speaker Mike Johnson, have introduced a new health care package aimed at addressing rising insurance premiums. The proposal, however, does not include an extension of the expiring Affordable Care Act (ACA) subsidies. The package focuses on expanding association health plans and imposing new transparency requirements on pharmacy benefit managers to lower drug costs. It also allocates funds for cost-sharing reductions to reduce premiums in the individual market. Despite the absence of additional funding for health savings accounts, the proposal is set to be voted on in the House next week. President Trump has expressed interest in a health care plan that directly aids patients, suggesting that funds should be directed to individuals through insurance accounts. While he remains open to extending ACA tax credits, he insists on certain conditions that Republicans desire.