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State Health Waivers, New Savings Accounts, and Healthcare Price Transparency.

This legislation allows states to opt out of key federal health insurance requirements (ACA subsidies and mandates) if they maintain high-risk pools. Citizens who would have received subsidies will instead get the equivalent funds deposited into new, restricted savings accounts called Trump Health Freedom Accounts (THFA). The bill also mandates greater transparency by requiring providers and plans to disclose actual prices and outcomes data.
Key points
States can waive certain ACA requirements, but must maintain protections for pre-existing conditions and establish high-risk pools.
Federal health subsidies are converted into direct deposits into new Trump Health Freedom Accounts (THFA) for eligible residents.
Funds in the new THFA accounts cannot be used to pay for abortion services or gender transition procedures.
Hospitals and health plans must publicly disclose actual prices for services and report outcomes data, ensuring better comparison.
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Status: Introduced
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Additional Information
Print number: 119_S_3264
Sponsor: Sen. Scott, Rick [R-FL]