Rep. Davis Statement on House Democrats' Partisan Health Care Legislation, Urges Congressional Leaders to Consider Bipartisan Alternatives
"New taxes and government price controls on prescription drugs will not address the skyrocketing costs of the American health care system," said
"Again, I'm very disappointed in the partisan process Speaker Pelosi has chosen on a critical issue like health care reform,"
Recently,
Provisions of H.R. 965, the CREATES Act, which is bipartisan legislation that was signed into law last year, lowers the cost of prescription drugs by regulating anti-competitive practices of drug manufacturers that block the entry of low-cost generic drugs into the marketplace.
And last year,
H.R. 1425 does not address the underlying issue with American health care - the skyrocketing cost of care. Rather than working to lower the cost of care, H.R. 1425 merely shifts the cost of care around to taxpayers and manufacturers of prescription drugs that treat and cure diseases.
H.R. 1425 is funded through provisions that were included in H.R. 3, which levies new taxes and establishes government price controls on manufacturers of prescription drugs. Last December, the
You can find a one-pager on H.R. 1425 here https://rodneydavis.house.gov/UploadedFiles/H.R._1425_PPACA_Expansion_One-Pager.pdf.


House Passes ACA Reinforcement Bill
Rep. Marshall Votes No on Moving Toward Medicare for All
Advisor News
- Three estate planning ideas to protect your clients and their wealth
- What advisors must know about accessible client documents
- Your client texted. Now what? The compliance rules advisors better know
- Helping small-business owners build, grow and exit
- Help women break through their retirement roadblocks
More Advisor NewsAnnuity News
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
- Wink: Annuity sales post strong Q2, led by MYGAs and structured products
- Legacy Marketing Group partners with Malibu Life USA for annuity launch
- Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
- When technology becomes easy to rent, what still separates life and annuity carriers?
More Annuity NewsHealth/Employee Benefits News
Life Insurance News