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Economists Urge Lawmakers to Reject Healthcare Rate-Setting

Economists Urge Lawmakers to Reject Healthcare Rate-Setting

WASHINGTON, D.C. – Today, the Coalition Against Rate-Setting (CARS) released a letter signed by more than 160 economists opposing healthcare rate-setting in any legislation, especially any potential forthcoming COVID-19 relief legislation. In the letter, the economists warn that, “No matter the policy area, government price controls often result in shortages and market distortions. These outcomes should be avoided, especially when dealing with important health care services like emergency room visits and physician care.” The economists’ letter is timely given reports that Sen. Lamar Alexander (R-Tenn.) and Rep. Frank Pallone (D-N.J.) want to insert healthcare price-fixing into “Phase 4” Coronavirus relief legislation.

Coalition Sends Letter to House Education and Labor Committee

Coalition Sends Letter to House Education and Labor Committee

The Coalition Against Rate Setting sent a letter to House Education and Labor Chairman Bobby Scott and Ranking Member Virginia Foxx. This letter urged members of the House Education and Labor committee to reject rate-setting as a solution to the issue of surprise medical bills.