Of course the fact that he did this after spending 3 years trying his damndest to gut our already mediocre public healthcare system makes it a bit of a eye roller, but you know, even a broken clock is right and all that.
- 'Most Favored Nation' drug pricing. Also as of 1/1, big pharma has to charge US payers the same price as the lowest price they charge to other countries. One example cited is insulin. Apparently, the price of Insulin from the same pharma is 10% the price in Canada as it is in the US. Now that this law is enacted, that pharma has to charge the same in the US as they charge in Canada.
- 'Right to Try'. Greatly reduces restrictions on terminally ill patients' access to experimental treatments.
- Removed the mandate on the affordable care act. People who do not have any health insurance were liable to pay a fine. That fine was removed.
- eHealth across state lines. Doctors were not permitted to see patients via video calls across state lines. During the pandemic, that restriction was removed.
[0]https://www.shrm.org/resourcesandtools/hr-topics/benefits/pa...
Either way, it’s all just a matter of changing regulation. The real problem is big business will lobby against it because it gives them an advantage over small business, and a leash on employees.
Theoretically only, perhaps. I feel like you're overestimating the ability of our regulatory bureaucracy to implement change, or assuming that if you (or I) were dictator the proposal could be done immediately. But imagine flushing out that proposal nationally, getting it through the Legislature (with all the conflicting interests of the medical field, employers, etc), President and then implementation. Comp structures nationally would radically change, so such an overhaul would have to be phased in even if you did get through the gauntlet of bill approval.
Only politics is in the way, and current entrenched interests not wanting to lose their advantages.
The bill [1] was introduced by Mike Braun and others. None of which have anything to do with Trump or his "administration", these are voted governs who did this all on their own.
1 - https://www.congress.gov/bill/116th-congress/senate-bill/410...