Rep. DeFazio Issues Statement on Medicare for All Act, Lowering Healthcare Costs
"Today,
"Although the Affordable Care Act (ACA) dramatically reduced the number of uninsured individuals, it has been in great need of improvement since day one. The bill that passed the House was far superior, with national exchanges and a government not-for profit option. In my opinion, a government-run, not-for-profit health plan would have paved the way to a single-payer system with more comprehensive coverage at a lower cost. This week, I am introducing legislation that would establish such a plan and bring down premium costs.
"I am also introducing bipartisan legislation to address anticompetitive behavior by the health insurance industry by repealing an antiquated exemption that allows the industry to operate beyond the reach of federal antitrust laws. It is long past time to protect consumers and end this out-of-date, unfair exemption from antitrust laws.
"Finally, I will keep fighting to address the prohibitive cost of prescription drugs. I am an original cosponsor of legislation that would allow the federal government to negotiate prescription drug prices, require pharmaceutical companies to charge similar prices in
"The costs of healthcare in


Rupp named vice chairman of state insurance association
Kansas City Life Insurance Company Announces Passing of Director
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity NewsHealth/Employee Benefits News
Life Insurance News