Mr. Speaker, I rise today in strong support of H.R. 5378, the Lower Costs, More Transparency Act. This bill, which was a product of thorough bipartisan work across three committees, is one of the strongest healthcare bills I can remember voting on since coming to Congress in 2011. Honestly, it really is. I want to say that again: It is one of the strongest healthcare bills I can remember voting on since coming to Congress. I thank Chair Rodgers, Ranking Member Pallone, and the members of the other two committees for their hard work on getting this bill to the floor. At nearly $13,000 per person, or about 18 percent of the GDP, U.S. national health expenditures far exceed other high-income countries, and they continue to rise at unsustainable rates. Congress must enact serious reforms that spur competition and show taxpayers where all of these healthcare dollars are going. They are certainly not always going to them. {time} 1630 The problem is not limited to one part of our healthcare system, and so the solution must also reach across the entire system. This legislation seeks to increase transparency and lower costs related to hospital care, outpatient services, and prescription drugs, among other things. It also reauthorizes community health centers and supports disproportionate share hospitals.…
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