Affordable care act. We wanted to start with the chairman of the Senate Health committee, lamar alexander. He has been holding a series of hearings. Here is the senator talking about the goal. [video clip] our goal is to come up with in a census consensus early next week. Hopefully we can have senator mcconnell an Agreement Congress can pass by the end of the month that will limit premium increases next year and begin to lower premiums after that and prevent insurers from leaving the market. That is our schedule. What happens if we dont succeed . Last year, or percent of american counties had one Insurance Company on the exchange. This year 36 have one insurer. Of counties half will have one or zero counties on the exchange. We have heard from state Insurance Commissioners that this monopoly in so many. Ounties drives up premiums without costsharing reductions, the Congressional Budget Office, the joint committee on taxation, and as our witnesses have said, premiums will increase 20 in
Naoam leavy. Want to do an update on the Affordable Care act. We wanted to start with the chairman of the Senate Health committee, lamar alexander. He has been holding a series of hearings. Here is the senator talking about the goal. [video clip] our goal is to come up with in a census consensus early next week. Hopefully we can have senator mcconnell an Agreement Congress can pass by the end of the month that will limit premium increases next year and begin to lower premiums after that and prevent insurers from leaving the market. That is our schedule. What happens if we dont succeed . Last year, or percent of american counties had one Insurance Company on the exchange. This year 36 have one insurer. Of counties half will have one or zero counties on the exchange. We have heard from state Insurance Commissioners that this monopoly in so many. Ounties drives up premiums without costsharing reductions, the Congressional Budget Office, the joint committee on taxation, and as our witnesse