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House lawmaker urges passage of HR 6703 to lower premiums, criticizes Affordable Care Act
Summary
An unnamed House member urged passage of HR 6703, the "Lower Health Care Premiums for All Americans Act," criticizing the Affordable Care Act as unaffordable and proposing measures (ending silver loading, PBM transparency, association plans) the speaker said would cut premiums about 11% per a CBO estimate mentioned in the remarks.
An unidentified House member urged passage of HR 6703, the "Lower Health Care Premiums for All Americans Act," during floor remarks, saying the package would reduce health insurance premiums and expand plan choices.
The lawmaker framed the bill as a response to what they described as unmet promises from the law commonly called 'Obamacare' (the Affordable Care Act). "When the Democrats passed Obamacare over a decade ago, they sold the bill on the promise that it would lower health care costs and preserve plan options," the speaker said, arguing that the law did not deliver on those pledges.
The speaker listed several numerical claims about costs, saying health care spending has "nearly…
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