Mike Braun

We strongly endorse the bipartisan Senate Bill 3548, The Health Care PRICE Transparency Act 2.0, introduced by Senate Health Education Labor and Pensions (HELP) Committee member Senator Mike Braun and Committee Chairman Bernie Sanders.

By the way, before my time runs out, back in 2008, the insurance companies told me that if you can create a market and an engaged consumer you will save so much money.

They also told me you would save so much money you can protect your employee with not having to engage in the coinsurance.

I do not know of one other industry where we have had to bring, at the federal government level, a transparency bill.

All insurance companies basically do this.

That is the ultimately behavior of a monopoly, and remember, they are the supplier, and this is going against their own customers, and that, to me, is indicative of why we are in the pickle we are in.

I look forward to continuing to work with my colleagues on both sides of the aisle to get the Health Care Price Transparency Act 2.0 to the President's desk.

We strongly endorse the bipartisan Senate Bill 3548, The Health Care PRICE Transparency Act 2.0, introduced by Senate Health Education Labor and Pensions (HELP) Committee member Senator Mike Braun and Committee Chairman Bernie Sanders.

The Health Care PRICE Transparency Act will, among other priorities, empower us as employers to access our claims data through a daily data transaction set.

That's why we need the Braun Sanders bill, and section seven in particular.

We need policies that empower patients and provide employers with the information necessary to create the best health care benefit for their employees.

By the way, before my time runs out, back in 2008, the insurance companies told me that if you can create a market and an engaged consumer you will save so much money.

They also told me you would save so much money you can protect your employee with not having to engage in the coinsurance.

That is why hospitals now comprise about 45 percent of the health care dollar because they have bought up so many clinics, and as soon as they buy the clinics the prices go up.

One of the reasons that the Braun-Sanders bill is so important is because it makes this data available in a standardized format

I do not know of one other industry where we have had to bring, at the federal government level, a transparency bill.

All insurance companies basically do this.

That is the ultimately behavior of a monopoly, and remember, they are the supplier, and this is going against their own customers, and that, to me, is indicative of why we are in the pickle we are in.

I look forward to continuing to work with my colleagues on both sides of the aisle to get the Health Care Price Transparency Act 2.0 to the President's desk.

It is time to deliver for our seniors, our families, and Americans all across the country.

President Trump put in place regulations requiring hospitals and insurers to disclose prices. President Biden has continued to support it.

Today I am releasing a report that highlights the need for Congress to enact additional transparency across the health care supply chain.

Health care costs have risen astronomically from where they were just a few decades ago, to now approaching 18 percent of our GDP.

We write asking you to support the bipartisan Senate Bill 3548, The Health Care PRICE Transparency Act 2.0, introduced by Senate Health Education Labor and Pensions (HELP) Committee Chairman Bernie Sanders and Committee member Senator Mike…

They also told me you would save so much money you can protect your employee with not having to engage in the coinsurance.