Protecting and Improving Medicare for Our Nation's Seniors

What it means

Orders changes to Medicare to increase plan choices, reduce regulatory burdens, and adopt market-based approaches. The order directs HHS to propose regulations that promote telehealth services, innovative benefits, and payment models that let beneficiaries share in savings.

Expected impact

• More diverse insurance options for Medicare beneficiaries, potentially including cash rebates and expanded telehealth services
• Reduced regulatory burden on healthcare providers, allowing them to spend more time with patients
• Faster approval processes for innovative medical devices and technologies within Medicare
• Potential pricing reforms to introduce more competition and market-based elements into traditional Medicare
• Enhanced ability for patients to access quality and cost data for making healthcare decisions