Healthcare Dive reported on the House Budget Committee’s hearing on rising health care costs. In the article included an exchange between CAHC president Joel White and Rep. Becca Balint (D-VT).
“Congress must start by breaking up the monopolies,” testified Joel White, the president of the Council for Affordable Health Coverage, which advocates for strengthening private insurance. “Market consolidation is foundationally increasing prices in almost every area of the country.”
“We got to break up the monopolies. I couldn’t agree with you more,” said Rep. Becca Balint, D-Vt. “Why are we not taking up the issue of consolidation? Why are we not taking on the monopolies? I look forward to actually doing that work.”