Hatch Statement at Finance Confirmation Hearing for CMS Administrator
Today we will consider the nomination of
CMS is the world's largest health insurer, covering over one-third of the
I suspect you also know that the job you've been nominated for is a thankless one, fraught with numerous challenges.
The good news is that there are opportunities in those challenges and I believe you are the right person for the job and that you will make the most of those opportunities to improve our healthcare system.
The failings of Obamacare are urgent and must be addressed in short order.
Over the past six years, we have watched as the system created under Obamacare has led to increased costs, higher taxes, fewer choices, reduced competition, and more strains on our economy.
Under Obamacare, health insurance premiums are up by an average of 25 percent this year alone.
Under Obamacare, Americans, including millions of middle-class Americans, have been hit with a trillion dollars in new taxes.
And, under Obamacare, major insurers are no longer offering coverage on exchanges, and earlier this week, we learned that another major carrier will exit the market in 2018.
As
I'd like to talk specifically about
The
But we must also acknowledge that the
We also need to consider various reform proposals that can improve the way
On the subject of
While we may hear criticisms of this program from the other side of the dais here today, we should note that HHS and CMS leaders under the
Now,
All told, between now and 2030, 76 million baby boomers will become eligible for
Maintaining the solvency of the
Now that I've had a chance to discuss the challenges facing CMS and some of
We've gone through a pretty rough patch recently on this committee, particularly as we've dealt with
As I've said before, I'm going to do all I can to restore and maintain the customs and traditions of this committee, which has always operated with assumptions of bipartisanship, comity, and good faith. With regard to considering nominations, that means a robust and fair vetting process, a rigorous discussion among committee members, and a vote in an Executive Session.
On that note, maybe the icy treatment of nominees is starting to thaw today, at least I hope it is. One tradition that has been absent here this session has been the introduction, on many occasions, of nominees by Senators of both parties from the nominees' home states, especially in cases when the nominee and the home state Senator have a relationship. I'm pleased to say that the Senior Senator from
With that, I look forward to
Read this original document at: https://www.finance.senate.gov/chairmans-news/hatch-statement-at-finance-confirmation-hearing-for-cms-administrator
#SubEnvironment Takes a Look at Modernizing Environmental Laws
Costa Statement on Major Disaster Declaration and Upcoming Storms
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News