Patrick J. Tiberi: “I am prepared to close, and I yield myself such time as I may consume. Mr. Chair, there are several perspectives…”

“I am prepared to close, and I yield myself such time as I may consume. Mr. Chair, there are several perspectives, important perspectives, to health care and health insurance: one, value delivered to patients in terms of insurance plan options, choice of doctors, access to treatment, and, most importantly, health outcomes; two, health insurance premiums and healthcare cost sharing; three, budgetary cost to the Federal and State governments; four, supply of healthcare services, including by doctors and hospitals and through medications; and fifth, indirect costs to the economy, such as reduced job creation and labor force participation. The Affordable Care Act fails on all five counts, and that is why we are here today, to start the process of repealing and replacing it. The program is dysfunctional, and its costs have become and will become more unsustainable. Supposedly, the central objective for passing the ACA was to insure those who did not have coverage. I was there. Yet, the increased government sprawl shown in this chart in health care is striking. The Joint Economic Committee chart from the time of the law's passage illustrates the law's mind-numbing complexity. Unsurprising to anyone skeptical of bureaucratic solutions, the Obama healthcare system has not worked. Instead of empowering innovators, doctors, patients, ObamaCare has implemented a complex scheme that relies on unelected bureaucrats. And this chart demonstrates that clearly. Mr.…”