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President Donald Trump makes an announcement, flanked by Medicare and Medicaid Administrator nominee Mehmet Oz and representatives from various pharmaceutical companies, from the Roosevelt Room of the White House on Dec. 19, 2025. Brendan Smialowski/AFP via Getty Images
President Donald Trump said on Dec. 19 that he plans to hold a meeting with health insurance companies to discuss potential price cuts as he seeks to reduce health care costs for U.S. consumers.
“I think that the insurance companies, we should have a meeting. We should talk to them,” Trump told reporters during a White House event.
