Virginia Foxx: “I thank my colleague for yielding. Madam Speaker, employee-sponsored coverage is the bedrock of our healthcare system…”

“I thank my colleague for yielding. Madam Speaker, employee-sponsored coverage is the bedrock of our healthcare system, and it is under attack by President Biden and the Democratic Party. Despite its name, the Affordable Care Act did nothing to make healthcare coverage more affordable. In fact, it did the opposite. Health coverage is now more expensive than ever. In 2008, before the passage of ObamaCare, the average annual premium for a family was $12,680. Today, it is $22,460. To make matters worse, experts say that 2022 is the calm before the storm, and employers are bracing for drastic cost increases in 2023 due to inflation, health worker staff shortages, and supply chain issues. It is imperative that Congress address the affordability, transparency, and accessibility of healthcare. I have said this repeatedly: I will not stand by while the Federal Government burdens Americans with heavy-handed policies. Now Democrats are using their self-made affordability crisis to move all Americans to Medicare for All. The Biden administration has continued its march towards total government control by illegally expanding ObamaCare subsidies. Expanding ObamaCare and its unfettered spending continues to drive inflation, adds billions of dollars to the Federal deficit, and makes health insurance less affordable.…”