Healthcare Economist January 22, 2025
How has President Trump’s recent executive orders reshaped the US healthcare system? Below, I summarize the healthcare-related Executive Orders that were released this week:
- ACA premium subsidies will be reduced: Trump rescinded Biden’s executive order that led to longer enrollment periods for Affordable Care Act plans in most states. In short, in 2021, temporary subsidies were passed as part of the American Rescue Plan Act (ARPA). In 2022, the Inflation Reduction Act (IRA) extended these subsidies for an additional 3 years However, President Trump rescinded these additional subsidies.
- CMMI drug pricing models on hold. The Center for Medicare and Medicaid Innovation (CMMI) planned to implement 3 drug pricing models which aimed to cap out-of-pocket costs for generic drugs, lower...
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