U.S. Rep. Kevin Brady (R-TX) explored the impact of rising healthcare premiums under the Affordable Care Act during a Ways and Means Committee hearing he convened on Tuesday.
Brady, the chairman of the House Ways and Means Committee, said that millions of Americans have seen the cost of healthcare increase while quality and choice have reached new lows.
“The truth about this law is that it has never expanded access to affordable, high-quality health care of an individual’s choosing – and it never will,“ Brady said.
Median proposed premiums are expected increase by an average of 19 percent next year, which would mark the second year in a row that premiums have increased by double-digit amounts, according to the Council for Affordable Health Coverage.