Capitol Hill to grill five health-insurance CEOs over soaring premiums

1 min read
Source: NBC News
Capitol Hill to grill five health-insurance CEOs over soaring premiums
Photo: NBC News
TL;DR Summary

Five major health insurers’ CEOs (UnitedHealth Group, CVS Health, Cigna Health, Elevance Health, and Ascension) are set to testify before House Energy and Commerce and Ways and Means committees as Republicans blame rising premiums on the system and the expiration of enhanced ACA subsidies; with no quick fix in sight and Congress stalled on extending subsidies, the hearings will probe root causes of higher costs, including the ACA’s impact, while insurers argue premiums reflect overall care costs and provider prices rather than their pricing alone, and Trump’s plan is not the focus of this round.

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