Washington, D.C. — House Energy and Commerce Committee Chair Cathy McMorris Rodgers (R-WA) took to the House Floor to highlight the importance of H.R. 5378, the Lower Costs, More Transparency Act. In her remarks, Chair Rodgers emphasized the need to address the exorbitant costs and complexities of the healthcare system.
Chair Rodgers began by acknowledging the struggles faced by real patients who have been burdened by the lack of transparency in the healthcare system. She shared stories of patients who were billed significantly higher amounts than initially quoted and others who were overcharged for services they never received.
The Lower Costs, More Transparency Act, according to Chair Rodgers, includes policies that directly benefit these patients. One key aspect of the bill is the increased transparency in healthcare pricing, which aims to lower costs for all Americans. Additionally, the bill ensures that senior citizens on Medicare are not subjected to higher drug prices based on where the medication is administered. The legislation also promotes drug price transparency, enabling patients and employers to secure the best possible deals on medicines.
Highlighting the widespread support for increased price transparency in healthcare, Chair Rodgers emphasized the importance of passing this bill to deliver the results people are counting on. The Congressional Budget Office has confirmed that the bill would save taxpayers over $700 million in the next decade.
Chair Rodgers expressed gratitude towards Chair Jason Smith, Chair Virginia Foxx, Ranking Member Frank Pallone, and Majority Leader Steve Scalise for their leadership and collaboration in bringing the bill to the House Floor. She also extended special thanks to Ranking Member Pallone's team for their efforts in finding bipartisan agreement.
In conclusion, Chair Rodgers urged her colleagues to support the Lower Costs, More Transparency Act, describing it as a legislative opportunity that advances crucial healthcare reforms, reduces costs, and addresses the deficit. The bill represents a bipartisan, regular order, and fully funded approach to improve the healthcare system for the benefit of patients across the country.
To access more information about H.R. 5378, the Lower Costs, More Transparency Act, including a section-by-section summary and the full bill text, readers can click on the provided links.
Click this link to access more information: https://energycommerce.house.gov/posts/chair-rodgers-touts-landmark-lower-costs-more-transparency-act-on-house-floor
