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(Washington, D.C.) -- A new healthcare bill in Washington aims to address the root causes of rising health insurance premiums.
While Congress has not extended subsidies for Affordable Care Act premiums, the new bill introduces funded cost-sharing reductions, new rules for pharmacy benefit managers, the middlemen, and gives control back to patients and doctors instead of insurance companies.
U.S. Representative Mariannette Miller-Meeks of Iowa introduced the bill, called the Lower Health Care Premiums for All Americans Act, on December 15.
Miller‑Meeks says extending subsidies would simply give money to insurance companies with no incentive to lower premiums, because they'd receive funds from the government anyway.