Trump Rescinds Rules On ACA And Lower Drug Costs

STAT News reports:

Trump rescinded Biden’s executive order that led to longer enrollment periods for Affordable Care Act plans in most states and extra funding for the third parties that help people enroll in ACA insurance. Those measures helped the Biden administration nearly double ACA enrollment to about 24 million people, though those gains were mostly due to the extra government subsidies that lowered the cost of ACA premiums.

rump also rescinded an executive order that prompted the Center for Medicare and Medicaid Innovation to create three drug pricing experiments. The pilot project is designed to encourage Medicare prescription drug plans to offer generic drugs for common chronic conditions for a flat, $2 copay. The goal was to standardize copays for generic drugs and encourage patients to continue taking medications.

Read the full article.