WASHINGTON, D.C. – Congressman Brett Guthrie (KY-02), Chairman of the House Committee on Energy and Commerce, delivered the following opening statement at today’s Committee on Rules hearing on H.R. 6703, the Lower Health Care Premiums for All Americans Act.
Chairman Guthrie’s opening statement as prepared for delivery:
“Thank you, Chairwoman Foxx and Ranking Member McGovern for inviting me to testify today.
“Sixteen years ago, Democrats passed Obamacare and fundamentally changed how health care is offered in the United States. Democrats sold the bill by promising the American people that Obamacare would reduce health care costs, preserve plan choice, and lower premiums for the American people.
“However, here we are, a decade and a half later and it is obvious that the Democrats’ promises have not proven true. Health care spending has only increased, plan options have been depleted, and the American people are being crushed by the unaffordability of the one-size-fits-all, government-first approach Obamacare codified.
“Since its passage, health care premiums in the Obamacare marketplace have increased by 80 percent, deductibles are now on average $5,000, and the average out of pocket maximum sits at over $20,000. All the while, Obamacare policies redirected trillions in taxpayer dollars to big health insurance plans.
“Without a doubt, Obamacare has proven to be unaffordable.
“Seizing the opportunity of COVID-19, Democrats passed temporary ‘enhanced’ taxpayer-funded subsidies that go to big health insurance plans. These temporary COVID Credits were designed to mask the unaffordability of Obamacare, and they were passed not once, but twice, without a single Republican vote of support.
“Democrats have now argued that these additional subsidies should be permanent, but let’s not forget how we got here. It was Democrats that set up these credits to expire at the end of this year.
“When they were in charge, they chose not to make them permanent. If these subsidies are as essential as the rhetoric today would suggest, why would they choose to allow them to expire?
“In that same legislation, again passed with only Democrat votes, they chose to prioritize tax credits for the wealthy to buy electric vehicles and sent $27 billion dollars to Democrats’ politically connected friends through the Greenhouse Gas Reduction slush Fund (including $2 billion to a group that only had $100 in previous revenue), instead of making these enhanced tax credits permanent.
“Since the Democrats created these temporary COVID Credits we’ve seen an explosion of waste, fraud, and abuse that has exacerbated a major affordability crisis and hurt millions of Americans across the country.
“How have Democrats responded to this? By shifting the blame of their own failed policies onto Republicans, attempting to force legislation that would continue to send hundreds of billions straight to the coffers of big health insurance plans, and turning a blind eye to the growing evidence of widespread Obamacare fraud.
“They would rather put a Band-Aid on rising health care costs, masking their true impact on American families, rather than focus on policies to actually address the issue.
“The most frustrating part about this is that health care affordability is a real issue impacting all Americans, and in the past, Republicans and Democrats have worked together to pass policies that would have a real impact on lowering costs for everyone.
“Instead of working to pass policies that would implement real, lasting solutions to lower health care costs for all Americans, Democrats have chosen the partisan path in an attempt to turn their own Obamacare policy failures into political points.
“I am proud of the policies that Republicans have worked on as a part of the Lowering Health Care Costs for All Americans Act because they do exactly what the title of the bill says: advance real policies that lower costs for all Americans.
“The bill includes bipartisan policies that would finally take the first steps to hold drug industry middlemen, pharmacy benefit managers, accountable to their own customers: the American people. Policies in the Lowering Health Care Costs for All Americans Act would shine a light on nefarious practices perpetrated by these middlemen and lower drug costs for all Americans.
“The Lower Health Care Costs for All Americans Act would also finally appropriate funds for Cost Sharing Reductions. This policy would reduce ACA premiums by 11 percent – an even greater savings than extending the Democrats’ temporary COVID Credits. Funding CSRs has also enjoyed broad bipartisan support in the past, and it is a policy that was previously endorsed by my friends Ranking Member Pallone, Ranking Member Neal, and Ranking Member McGovern.
“I hope that we can work across the aisle to support this commonsense bill that would—without a doubt—increase health care affordability for all Americans.
“I also hope that, in 2026, Democrats will choose to rise above the politics and work with Republicans to advance real policy solutions that build on provisions included in the Lower Health Care Costs for All Americans Act to make health care even more affordable for the American people.”