WASHINGTON, D.C. – Marking a milestone in delivering affordable coverage to the American people, Members of House Republican Leadership, Committee Chairmen Brett Guthrie (KY-02), Jason Smith (MO-08), and Tim Walberg (MI-05), join Congresswoman Mariannette Miller-Meeks (IA-01) in applauding the passage of her bill, H.R. 6703, the Lower Health Care Premiums for All Americans Act.
Quote Attributable to Speaker Johnson, Majority Leader Scalise, Majority Whip Emmer, Conference Chairwoman McClain, and Congresswoman Miller-Meeks:
“Today, every House Republican voted to lower health care costs for all Americans. Every House Democrat voted against it. After months of empty ‘affordability’ rhetoric and forcing the longest government shutdown in American history, Democrats once again rejected a valuable, common-sense solution to address the unaffordability they created with their own health insurance law – the Unaffordable Care Act.
“House Republicans are taking meaningful action to fix what Democrats broke. For too long, Democrats have forced hardworking American taxpayers to bail out big health insurance companies for hundreds of billions of dollars. Meanwhile, Americans are left paying for increasingly expensive care with fewer choices, lower quality, and worse health outcomes. They broke America’s health care system and with today’s vote, Democrats have abandoned a critical opportunity to fix their own failed law.
“The Lower Health Care Premiums for All Americans Act puts patients first. It does exactly what its title promises and more: lowers premium costs, expands access to affordable, quality care, gives every American more options and flexibility to choose coverage that is best for their needs, and brings greater transparency to the health care system. It delivers twice the cost reduction of the Democrats’ temporary, COVID-era enhanced subsidies and brings those costs down for ALL Americans – not just some. House Republicans are working to fix what is broken, restore integrity in our nation’s health care system, and lower the cost of health care for every citizen.”
Quote Attributable to Energy and Commerce Committee Chairman Guthrie, Ways and Means Committee Chairman Smith, and Education and Workforce Committee Chairman Walberg:
“By passing the Lower Health Care Premiums for All Americans Act, the House is putting the wellbeing of all American patients at the forefront of our health care system. This is the product of our longstanding effort to make health insurance affordable for the American people. Families and small businesses benefit from commonsense measures like funding cost sharing reductions, which would lower health care premiums by 11 percent, while expanding choices for American patients, and bringing transparency to how pharmacy benefit managers (PBMs) operate.
“Republicans reject the waste, fraud, and abuse in Obamacare and know that Democrats’ temporary COVID-era subsidies aren’t a long-term answer. Americans would be worse off with Democrats’ plot to subsidize very high-income earners and to stuff big health insurance companies’ pockets with an additional $400 billion.
“Republicans are empowering patients while Democrats seek simply to write larger and larger checks to big insurance companies. Providing access to quality care at affordable prices begins with the Lower Health Care Premiums for All Americans Act. Democrats must stop rejecting solutions merely because they are Republican ones and should work with us to lower the cost of care for all Americans.”
Background on the Lower Health Care Premiums for All Americans Act:
- H.R. 6703, the Lower Health Care Premiums for All Americans Act, sponsored by Rep. Miller-Meeks (IA-01), would establish new rules for association health plans, modify requirements for individual and group health coverage, require contracts between plan sponsors and PBMs to meet certain standards, and appropriate funding for reductions in cost sharing.
- The Congressional Budget office (CBO) and the Joint Committee on Taxation estimate that enacting the bill would reduce the deficit by $35.6 billion over the 2026-2035 period.
- CBO also estimates that enacting the bill would reduce gross benchmark premiums by 11 percent, on average, through 2035.