Today, we heard about the importance of health care price transparency and how access to this information will lower costs for Americans.

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.

That was a key element that actually brought it into line, because my employees became health care consumers and they exercised their power in doing it.

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…

I would like your opinion, Dr. Whaley and Ms. Deacon, on how do we get what drives most markets would be unfettered competition, no barriers to entry, price transparency, but an engaged consumer?

All insurance companies basically do this.

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

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.

Thank you, Mr. Chairman.

That is another ripoff that happens nowhere else.

the figures are bleak.

And then what are you showing in 2054?

I would ask that the healthcare industry embraces things like competition, transparency, engages every American in their own wellbeing.

We need to start doing a few things that most Americans believe should be done, don't spend more than you take in.

we end up with something like a Chapter 11 in the real world, which means sooner or later you've got to get our spending in line with our revenue.

But generally that would mean once you cut taxes you're depriving the treasury in the short run.

if we don't want to keep borrowing from our kids and grandkids, that we've got to choose and prioritize what we're spending.

the figures are bleak.

Thank you for having the discussion on budget here today.

we end up with something like a Chapter 11 in the real world, which means sooner or later you've got to get our spending in line with our revenue.

we've got to spend less than we take in.

And then what are you showing in 2054?

I would ask that the healthcare industry embraces things like competition, transparency, engages every American in their own wellbeing.

But generally that would mean once you cut taxes you're depriving the treasury in the short run.

we've got to spend less than we take in.