Trump health pick gives Dems few details on health overhaul
The nominee, Rep.
Committee Chairman
Price, 62, is a veteran conservative congressman and orthopedic surgeon from
Wyden questioned Price about the congressman's purchase of around 400,000 shares last August of
"Yes or no, does this show bad judgment?" Wyden asked.
Price said it did not and added. "The reality is everything I did was ethical, above board, legal and transparent."
A bipartisan committee staff memo said Price reported the shares were worth as little as
The memo also said Price had omitted from submitted forms any mention of a 2010
Tuesday's hearing followed an executive order Trump issued Friday, his first day in office, that vaguely empowers federal officials to curb fiscal burdens imposed by Obama's overhaul and give states more flexibility to interpret it. That could let agencies take steps like stopping fines for failure to buy coverage or easing the law's requirement that insurers cover birth control, but there could be procedural and political pitfalls to exercising those powers.
Wyden tried pinning Price down on that order, asking him to pledge no American would lose coverage as a result of Trump's order and that it wouldn't be enforced until
"Nobody ought to lose insurance because they got a bad diagnosis," Price said.
He said there are different ways of covering people who are already sick. He mentioned high-risk pools, in which people with high medical costs are pooled together to avoid having their expenses drive up premiums for healthier consumers. The system has produced mixed results.
Under questioning from
Obama's law has provided coverage to 20 million people by creating online marketplaces for those without employer-provided coverage and subsidizing many of them, and expanding
Trump has been pressuring
As head of the huge Health and
Georgia Insurance Commissioner Ralph Hudgens amazed by east Albany devastation
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