big insurance is swimming in money, swimming in your taxpayer dollars, and swimming in the money that is supposed to be helping patients. ObamaCare is a broken system that has allowed insurance companies to rip off the American taxpayers and simply drive up costs. If Congress wants to talk healthcare, then let's talk, but we must let these COVID-era subsidies expire first. Biden's COVID credits are a pandemic policy that has done nothing to lower insurance costs. Premiums are rising because ObamaCare has failed to keep its promise of making healthcare affordable. Not only are Biden's COVID credits failing to keep costs down and paid straight to insurance companies, but they will also cost taxpayers over $400 billion in the next decade. Mr. Speaker, with a country facing $39 trillion in debt, this is, again, a reason to let these COVID subsidies expire. However, letting Biden-era COVID subsidies expire is just a drop in the bucket when it comes to broader reform. ObamaCare was recently exposed for rubber-stamping 96 percent of fake applications, all paid with our tax dollars going down the drain. When taxpayers pay and insurers profit, that is not healthcare. That is a hustle. It is time to find a real solution. Let's begin by letting the Biden COVID-era subsidies expire.
Editor's note · Context
Addressing the impact of COVID-era subsidies on healthcare costs and the failures of ObamaCare.
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