Summary
House Republicans introduced a new health care plan. The plan aims to lower health care costs but does not include an extension of Affordable Care Act (ACA) subsidies, which many Democrats support.
Key Facts
- House Republicans presented a health care plan without extending ACA subsidies.
- The plan includes expanding association health plans to allow employers to buy coverage together.
- It introduces new rules for pharmacy benefit managers to help reduce drug prices.
- The plan funds ACA cost-sharing reduction payments to lower premiums but could reduce some subsidies.
- A proposed amendment for ACA subsidy extension is unlikely to pass due to Republican opposition.
- The plan does not include a Senate GOP idea for health savings accounts as an alternative.
- The House might vote on more health proposals next year.
- The plan is unlikely to pass the Senate, needing 60 votes and support from Democrats.
