By Lauren Peller | ABC News
House Republicans — led by Speaker Mike Johnson — unveiled Friday a narrow health care package to address rising costs, but the plan does not extend the expiring enhanced Affordable Care Act subsidies.
The GOP proposal — which will receive a vote on the House floor sometime next week — would expand the availability of association health plans and what are known as “CHOICE arrangements”; impose new transparency requirements on pharmacy benefit managers to lower drug costs; and appropriate money for cost-sharing reductions to reduce premiums in the individual market.
Association health plans allow employers to band together to purchase coverage.
Notably, the 111-page measure would not funnel additional money into health savings accounts.
“While Democrats demand that taxpayers write bigger checks to insurance companies to hide the cost of their failed law, House Republicans are tackling the real drivers of health care costs to provide affordable care, increase access and choice, and restore integrity to our nation’s health care system for all Americans,” Johnson said in a statement Friday.
