President Joe Biden on Friday rolled out a new set of initiatives to reduce health care costs: a crackdown on what he called “junk” insurance plans that play consumers as ‘suckers’ and new guidance to prevent surprise medical bills.
President Joe Biden speaks about lowering health care costs, Friday, July 7, 2023, in the East Room of the White House in Washington.
Republican lawmakers have criticized Biden’s policies by saying they have spurred higher prices that hurt the well-being of families.Biden said his administration was taking aim at what he called “junk” insurance plans, such as short-term policies that can deny basic coverage as people transition between employers and still need temporary health care coverage.
Biden invited Cory Dowd to tell his story at the White House event to spotlight the initiative. Dowd in 2019 purchased a high-deductible health care plan when he returned stateside after serving in the Peace Corps in Ghana but before he started graduate school and was able to get on a student health plan. He thought the plan would protect him in the case of a medical emergency.
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