Trump Unveils 'Great Healthcare Plan' to Slash Drug Prices, Premiums

• The Trump administration introduced "The Great Healthcare Plan" aimed at reducing prescription drug prices and insurance premiums.
• The plan seeks to increase price transparency and hold insurance companies accountable, benefiting ordinary Americans over large corporations.
• It urges Congress to legislate Trump's most-favoured-nation drug pricing policy, claiming it will drastically cut medicine costs.
• Trump stated the plan would end government payoffs to big insurance companies, redirecting funds to individuals for healthcare.
• New "Plain English" insurance standards would require clear profit disclosure and price transparency for Medicare/Medicaid providers.

Why It Matters: Trump's new healthcare plan aims to lower drug costs and premiums, increase transparency, and empower individuals.