Biden Targets Insurance Plans as Bidenomics Turns to Health Care

President Joe Biden announced steps his administration is taking to target so-called junk insurance plans and surprise medical bills as he made lowering health-care costs the latest focus of his “Bidenomics” push.

“In America, it sounds corny, but fairness is something we kind of expect,”Biden said Friday at a White House event detailing his latest effort to rein in the high prices for consumers that have been a persistent political liability. “I don’t know anybody who likes being abused, having to get played for a sucker, taken advantage of.”

The administration proposed rules that would close loopholes on insurance plans ...