U.S. President Donald Trump announced a healthcare plan on Thursday that would replace government subsidies for insurance with direct payments into health savings accounts for consumers, an idea that some experts have said would hurt lower-income Americans.

"The Great Healthcare Plan" aims to lower drug costs, reduce premiums, and enhance price transparency, with a focus on Most Favored Nation drug pricing. The plan proposes direct payments to individuals for insurance, replacing government subsidies, and aims to eliminate pharmacy benefit manager kickbacks.

Before switching from a fully insured group health plan to a self-funded plan, organizations should take several factors into account.

The following information was released by the Cincinnati USA Regional Chamber:. Achieving long-term success is a goal of many small businesses, including yours. But overhead costs can make this challenging.