Trump's drug order and the future of employer health care (Holmes Murphy podcast)
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Both the Trump administration and Republicans in Congress are working to shake up the status quo when it comes to health care costs.
In this episode of the Healthy Politics podcast, Holmes Murphy Compliance Director Nick Karls and Senior Advisor Den Bishop discuss President Donald Trump's recent executive order aimed at lowering U.S. drug prices along with several proposals included in The One, Big, Beautiful Bill Act of 2025 (OBBBA) that could change employers' health care costs.
'I'm spending a lot of time right now talking to our clients about ways to control their pharmacy spend, and they can get to be pretty difficult conversations,' Karls said. 'You're making some tough choices.'
Tune in to this episode to hear about:
The executive order on brand name prescription drug pricing
Proposed work requirements for Medicaid
Proposed changes to Individual Coverage Health Reimbursement Arrangements
Political movements to shift away from employer-sponsored health care
New HSA provisions in The One, Big, Beautiful Bill Act
'All of these are things that I think are on point and consistent with what President Trump did in his first term,' Bishop said. '… They're pretty aggressively going at the existing system and trying to figure out how to lower cost.'
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As one of the largest independent insurance brokerages in the nation, Holmes Murphy believes fully in serving the unique risk and benefits challenges of clients in every industry and of almost every size. For more information, visit holmesmurphy.com or follow the company on X (@holmesmurphyins), Facebook, LinkedIn, or Instagram.
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