On the recordMarch 17, 2021
Madam President, I have come to the floor several times in the little over 2 years I have been here, and a common theme--and I think we all know it as Senators--is that our healthcare system is broken. It is driven by misaligned industry incentives that promote opaque, behind-the-scenes pricing maneuvers at the expense of patients and healthcare consumers. Increased transparency is the key to fixing our broken healthcare system. It will allow Americans to have skin in the game and deal directly with their healthcare providers to make informed decisions. They cannot do that very well currently. Pulling the curtain back on a healthcare system to restore market forces, which aren't really there now, to increase innovation and competition, particularly in regard to price, quality, and service--you do that with anything else. A consumer is engaged, they are informed, and you have many competitors competing for their business. In order for Americans to regain their sovereignty in a healthcare system, you need the ability to be able to navigate accordingly. Congress must act to provide Americans with these tools before we try to throw more government at a broken healthcare system. Government pays for a portion of healthcare; more is paid through the private sector. If we reform it, it makes it less expensive for both payers. To give you an example, sometimes what you hear here sounds like it is theoretical, hypothetical.…
Source
govinfo.gov




