Vice Chair Sen. Schmitt | JEC Hearing on Stop Paying More for Less: Realigning Healthcare Incentives

Joint Economic Committee · December 18, 2025

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Opening criticism of ACA effects

Presentation

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Unidentified Senator opened by calling the ACA ("Obamacare") a "disaster for working families," asserting that premiums in Missouri are "up over 200%" and that insurance profits are "up over 1000 percent," and saying coverage has become scarcer and harder to afford. He framed the hearing around finding policy solutions.

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Speakers:Unidentified Senator

A hearing segment of the Joint Economic Committee focused on problems with the Affordable Care Act (ACA) marketplace program integrity, proposals to base subsidies on prior-year IRS returns, incentives that drive hospital overutilization and a call to repeal the ACA ban on physician-owned hospitals. Witnesses Mr. Roy and Dr. Clark answered questions about verification, payment reform and hospital ownership.

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Transcript

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