CAHC’s Joel White testified before the U.S. Senate Committee on Homeland Security and Government Affairs, Permanent Subcommittee on Investigations. The Washington Times covered the hearing about the impact of eliminating ACA subsidies and rising premiums.
Joel White, president of the Council for Affordable Health Coverage, said Obamacare put “rocket fuel on medical inflation.”
He said Obamacare triggered “an arms race” to consolidate insurance and hospital markets, driving up costs and leaving consumers with fewer choices. Reduced competition led to a system of localized monopolies, driving up premiums, he said.