Health care plan cuts back on the expensive surgeries
Health care plans will lose some of the more expensive procedures and surgeries under a plan unveiled Tuesday by President Donald Trump.
The Affordable Care Act also includes a new set of protections for people with pre-existing conditions, which could help save money on health care costs in the coming years.
“Our health care system is failing and it is hurting people who are struggling,” Trump said Tuesday at a news conference.
“And we need to take a hard look at it and find ways to save money.
So I’m pleased to announce that we’re going to cut back on some of those costly procedures and procedures.
We’re going back to the way it was before the ACA was signed into law.”
The president also announced that he is moving to phase out the cost-sharing reductions that help people pay for insurance, and that the Department of Health and Human Services would have to find another $5 billion for Medicaid over the next two years.
The administration said that the cuts in the Affordable Care Plan will be phased in over the coming decade, but some of them will be permanent.
The changes come on the heels of the GOP’s sweeping healthcare overhaul that passed in May and was quickly signed into effect by Trump.
Under the new plan, people would still be able to keep their insurance but their costs would be reduced.
Under the plan, most of the costs would come from out-of-pocket costs, such as deductibles and copays.
However, the Trump administration has said that this plan will not have a substantial impact on people who can afford the cost of insurance, such people with preexisting conditions.
The new administration is also moving to eliminate the federal mandate that most people obtain insurance.
Trump is expected to sign an executive order to roll back the mandate.
The White House said Tuesday that it has already begun negotiating with states on the cost savings in the plan.
“We’re working with states to make sure they get the savings, but we’re also working with the federal government to make certain that states get the best value for their tax dollars,” White House press secretary Sarah Huckabee Sanders said.
The cost of pre-surgical weight loss surgery is about $100,000 for a family of four.
However the plan would reduce the cost to $100 for an individual.
According to the plan the plan will also save $25 billion over the first 10 years, with savings reaching $70 billion in 2026.
It also will save $3.6 billion for the next 10 years.