During the vice presidential debate, Republican nominee JD Vance clarified Trump’s plan to make health insurance more affordable by referencing a successful reinsurance program implemented by his Democratic opponent, Gov. Tim Walz in Minnesota. Reinsurance helps cover costs for patients with high medical bills, ultimately lowering premiums for others in the insurance plan. Minnesota’s program lowered premiums by 15-20% for individual buyers. Vance’s plan aligns with state-run reinsurance programs, but it’s unclear if he supports a national program. Democrats criticize the lack of detail in Trump’s and Vance’s health care policies, questioning a return to pre-ACA practices.
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JD Vance policy on health care, reinsurance: How might it work?
