His healthcare plan, released in March, focuses on seven broad bullet point measures that promise to overturn Obamacare, break down state barriers and even expand healthcare access.
1. A complete repeal of the Affordable Care Act, as no citizen should be forced to buy health insurance.
2. Congress should break down state barriers to allow insurance companies to offer plans in any state, as long as the plan is in compliance with state requirements.
3. Give people the ability to deduct insurance premium payments from taxes, as businesses are already allowed this deduction. Further, Trump pushes for a review of Medicaid options to make sure everyone who wants healthcare coverage is able to afford it.
4. Establish tax-free Health Savings Accounts, which could become part of an individual’s estate and passed on to heirs without an estate penalty. Additionally, all family members can use the account without penalty.
5. Trump calls for price transparency from providers and hospital organizations, to allow individuals to shop for the best prices on treatments.
6. Medicaid should be handled on the state level, including incentives, to ‘preserve our precious resources.’
7. Break down barriers that prevent drug providers of less expensive, safe products from entering the free market. And consumers should be allowed access to safe, imported drugs from overseas.
“The reforms will lower healthcare costs for all Americans. They are simply a place to start. There are other reforms that might be considered if they serve to lower costs, remove uncertainty and provide financial security for all Americans,” Trump noted in his plan. “And we must also take actions in other policy areas to lower healthcare costs and burdens.”