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Dive Brief:
Large employers are increasingly supportive of government intervention when it comes to tackling the rising cost of healthcare for their workers, according to a survey released Thursday from the Kaiser Family Foundation and Purchaser Business Group on Health.
Business leaders showed wide support for lawmakers pursuing policies that would improve price transparency (90%) and strengthen antitrust enforcement (92%) among providers, payers and drugmakers, the report found.
They also favor capping hospital prices in noncompetitive markets and limiting out-of-network charges, along with some of President Joe Biden s loftier healthcare policy goals, such as lowering the Medicare eligibility age.
Dive Insight:
The findings contrast with commonly-held beliefs that those in the C-suite
The American Rescue Plan, which is expected to head to President Joe Biden’s desk for his signature this week, is a $1.9 trillion COVID-19 relief bill and the first legislative victory of the new administration.
An advisor to Biden’s transition team told attendees at America’s Health Insurance Plans’ virtual National Health Policy Conference that the massive relief bill “is a great first step.”
Chris Jennings, founder and president of Jennings Policy Strategies, has had more than 30 years of health policy experience in the White House, Congress and the private sector. He advised the Biden transition team on health care policy. Jennings told AHIP attendees that the importance of the American Rescue Plan goes far beyond its price tag.