In a recent announcement, Governor Greg Abbott introduced a new health plan called Essential Benefits. This plan aims to reduce premiums by nearly 20 percent. The proposed reduction in premiums is expected to be achieved by trimming state mandates.

Further details about the plan are available from the source. According to the information provided, the Essential Benefits health plan could lead to significant savings for families and small businesses. The potential savings for families could be up to $1,145 per year, while small businesses may save up to $3,400 annually.