Biden takes action to limit unexpected health costs

9 months ago 37

President Joe Biden announced Friday he’s continuing to use his executive power to build on the Affordable Care Act and strengthen consumer health protections with three new measures to reduce costs and medical debt, and to crack down on junk health insurance, calling the new actions a “core pillar” of the “‘Bidenomics’ agenda.”

The administration is going to close the loopholes on junk insurance plans Donald Trump created; strengthen guidance on surprise medical billing to further restrict providers; and deputize a trio of agencies to investigate how to protect people from scam medical debt credit cards and loans. “No one should go bankrupt trying to get and keep themself or their family healthy,” Centers for Medicare and Medicaid Services Administrator Chiquita Brooks-LaSure said in a statement. “CMS is committed to a more transparent, fair, and accountable health system for the people we serve.”

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