President Trump Unveils ‘The Great Healthcare Plan’ — Here are the Full Details

President Trump just officially released his new healthcare plan, which is aimed at ending the failures of Obamacare and making healthcare affordable again for all Americans.

The framework — titled The Great Healthcare Plan — includes giving money directly to the people instead of big insurance companies, slashing drug prices, and requiring price transparency for medical treatments before you get the bill.

President Trump outlined the details of the new plan in a White House video announcement.

Watch the full clip here:

THE GREAT HEALTHCARE PLAN.

President Donald J. Trump unveils the Great Healthcare Plan to lower costs and deliver money directly to the American people. 🇺🇸 pic.twitter.com/VWtNZzNbQC

— The White House (@WhiteHouse) January 15, 2026

For those who prefer to read, The White House shared a transcript of President Trump’s announcement:

President Trump Announces The Great Healthcare Plan:

“I am thrilled to announce my plan to lower healthcare prices for all Americans and truly make healthcare affordable again—we’re doing things that nobody’s ever been able to do, we’re calling it The Great Healthcare Plan.”
“Instead of putting the needs of big corporations and special interests first our plan finally puts you first and puts more money in your pocket.”
“The government is going to pay the money directly to you. It goes to you, and then you take the money and buy your own healthcare… the big insurance companies lose and the people of our country win.”
“This proposal locks in the massive discount on prescription drugs that my administration is achieving through our most-favored-nations drug pricing agreement… It’ll bring down drug prices 80, 90% in some cases, just numbers that nobody’s ever heard of before.”
“Your prescription drugs will come way, way down and, under this policy, the prices of many drugs will be slashed by 300, 400 even 500% starting this month at the Trumprx.gov.”
“So instead of Americans paying the highest drug prices in the world, which we have for decades, we will now be paying the lowest cost paid by any other nation… that’s what we’re going to pay, and the American people will get the savings.”
“I have to reiterate, the lowest price in the world is what you’re going to pay, before you were paying the highest price in the world by far and the politicians did nothing about it, so I’m asking Congress to complete the work that we’ve started.”
“My plan would reduce your insurance premiums by stopping government payoffs to big insurance companies and sending that money directly to the people.”
“Obamacare was designed to make insurance companies rich. I call it the UNAFFORDABLE Care Act, with billions of dollars and taxpayer subsidies that help their stock prices skyrocket over 1,700% as you paid more money for healthcare every single year—more and more the premiums went higher and higher.”
“I want to end this flagrant scam and put extra money straight into the healthcare savings account in your name, and you go out and buy your own healthcare, and you’ll make a great deal, you’ll get better healthcare for less money—that way you can choose the care that is right for your family.”
“To further reduce insurance premiums, my plan ends the giant kickbacks to insurance brokers and corporate middleman that only drive up the costs…”
“It fully funds a long-neglected part of the law known as the Cost Sharing Reduction program. This measure alone should cut premiums on the most popular Obamacare plans—it’s hard to believe there are any because it’s a hated program, it’s unaffordable—but it’s going to cut them by an average of 10 to 15%.”
“The Great Healthcare Plan… It’s great healthcare at a lower price, mandates unprecedented accountability and transparency from insurance companies and all healthcare providers so that special interests can no longer profiteer at your expense.”
“As the saying goes, sunlight is the best disinfectant, that is why my plan orders all the insurance companies to publish rate and coverage comparisons in very plain English.”
“It requires insurers to publish detailed information about how much of your money they’re going to be paying out in claims versus how much they are taking in in profits… It forces them to release detailed data on how many claims are being denied and whether those denials are eventually overturned on appeal.”
“Most importantly, it will require any hospital or insurer who accepts Medicare or Medicaid to prominently post all prices of their place of business so that you are never surprised, and you can easily shop for a better deal or better care—and you’re going to end up doing both, you’re going to get a better deal and better care.”
“We will have maximum price transparency and costs will come down incredibly. I’m calling on Congress to pass this framework into law without delay—we have to do it right now so that we can get immediate relief to the American people, the people I love.”

By implementing these measures, The Great Healthcare Plan will deliver immediate relief to millions of Americans struggling with high healthcare costs due to Democrats’ Unaffordable Care Act.

The White House also shared this fact sheet breaking down all the details of The Great Healthcare Plan:

THE GREAT HEALTHCARE PLANhttps://t.co/RB9KJLXYCB pic.twitter.com/3zubARcBLi

— Rapid Response 47 (@RapidResponse47) January 15, 2026

To make it easier to read, here’s the full text from the White House fact-sheet:

LOWER DRUG PRICES

• Slash Prescription Drug Prices
  • Lower prescription drug prices for all Americans by codifying the Trump Administration’s Most-Favored-Nation deals to get Americans the same low prices for prescription drugs that people in other countries pay. This would build off President Trump’s landmark actions that made insulin more affordable in his first term and the successful voluntary negotiations following his recent executive order to lower drug prices. Voluntarily negotiated deals with HHS/CMS will be grandfathered in.

• Allow More Over-the-Counter Medicines
  • Make more verified safe pharmaceutical drugs available for over-the-counter purchase. This will lower healthcare costs and increase consumer choice by strengthening price transparency, increasing competition, and reducing the need for costly and time-consuming doctor’s visits.

LOWER INSURANCE PREMIUMS

• Send the Money Directly to the American People
  • Stop sending big insurance companies billions in extra taxpayer-funded subsidy payments and instead send that money directly to eligible Americans to allow them to buy the health insurance of their choice.

• Fund Cost-Sharing Reduction Program
  • Fund a cost-sharing reduction program for healthcare plans which would save taxpayers at least $36 billion and reduce the most common Obamacare plan premiums by over 10%.

• Cut Kickback Costs
  • End kickbacks from pharmacy benefit managers to the large brokerage middlemen that deceptively raise the cost of health insurance.

HOLD BIG INSURANCE COMPANIES ACCOUNTABLE

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• Create the “Plain-English Insurance” Standard
  • Require health insurance companies to publish rate and coverage comparisons upfront on their websites in plain English—not industry jargon—so consumers can make better insurance purchasing decisions.

• Publish Costs of Overhead vs. Claim Payments
  • Require health insurance companies to publish the percentage of their revenues that are paid out to claims versus overhead costs and profits on their websites.

• Display Claim Denial Rates
  • Require health insurers to publish the percentage of insurance claims they reject and average wait times for routine care on their websites.

MAXIMIZE PRICE TRANSPARENCY

• Post Prices on the Wall
  • Require any healthcare provider or insurer who accepts either Medicare or Medicaid to publicly and prominently post their pricing and fees to avoid surprise medical bills.

This plan would be a huge win for Americans and a major hit to Big Insurance.

President Trump is urging Congress to pass it immediately.

The time couldn’t be better for Congress to act fast and get it done, since extended Obamacare subsidies are set to expire soon.

CNBC has more:

The announcement came as a congressional effort to extend key Affordable Care Act tax credits faces headwinds from Senate Republicans, leaving millions at risk of seeing their health insurance premiums spike…

The new proposal from the White House comes as senators remain at loggerheads on a deal to extend the now-lapsed ACA, or Obamacare, subsidies. A bipartisan group of senators has been working for weeks on a way forward, but hit a snag recently on language relating to the Hyde Amendment, a statute that bars the use of federal funds for abortion services.

The White House plan notably leaves out an extension of the ACA subsidies, which Democrats are demanding be extended as a part of any health-care deal. The White House had not publicly put forward a proposal until Thursday, but Trump has repeatedly said he wants funds to go directly to patients rather than insurance companies.

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Some negotiators wondered whether the White House plan would hamper negotiations.

“We’ve all known that in order to be able to advance something, we’re going to have to have buy-in from the White House,” Sen. Lisa Murkowski, R-Alaska, one of the negotiators, told reporters Thursday. “Does this set things back if he signals that he does not support extending [the subsidies]? I mean, that’s the basis of our plan here.”

Sen. Jeanne Shaheen, D-N.H., who is leading talks on the Democratic side, said Thursday that she hadn’t yet seen the Trump plan, but signaled optimism about the discussions.

“Most of the areas have agreement, so what we need to do is get bill text together and then get final sign-off so that we can talk to our colleagues about what we’re proposing,” Shaheen told reporters.

A White House official on Thursday said the plan does not close the door on extending the subsidies, but lays out the president’s preferences.

“This does not specifically address those bipartisan congressional negotiations that are going on,” the White House official said. “It does say that we have a preference that money goes to people, as opposed to insurance companies.”

What do you think?

Do you support President Trump’s The Great Healthcare Plan?

Any thoughts?