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

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.
- Health insurance CEOs to appear before House committees as premiums soar NBC News
- Insurers point to providers, drugmakers for driving up health costs Politico
- Insurance execs grilled by Congress over affordability; UnitedHealth pledges to rebate ACA plan profits CNBC
- Health Care Executives & Others Testify on Insurance Affordability C-SPAN
- Insurance CEO hearings: Hemsley defends healthcare consolidation Modern Healthcare
Reading Insights
Total Reads
0
Unique Readers
12
Time Saved
4 min
vs 4 min read
Condensed
88%
801 → 95 words
Want the full story? Read the original article
Read on NBC News