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Taking on greedy health insurance providers

Since 1945, massive health insurance providers have operated under a deal that protected them from antitrust laws and penalties. These laws were designed to protect consumers and help small businesses compete in a marketplace dominated by monoliths, but big pharma and health care giants have completely distorted these rules to their benefit: increasing prices, reducing benefits, underpaying nurses and doctors, and driving small businesses out of the market.

For-profit health insurance corporations' unchecked power has ruined lives and presented families with impossible choices between medical coverage and basic necessities, resulting in nearly a quarter of Americans skipping out on medical care because it's been made too expensive.

No longer.

I'm proud to report that, earlier this year, my Competitive Health Insurance Reform Act was signed into law, finally repealing this exemption and enforcing antitrust penalties for price-fixing and other unfair practices.

Already, we're seeing a move towards more and better health care options for Americans. We still have a long way to go before we achieve Medicare for all or a single-payer option, but this is a step right direction until we can secure reliable health care for all Americans. I'm glad that at last, we are moving forward and giving families better choices.

More soon.

Peter

Posted on March 23, 2021.

As Independent as Oregon.

Peter DeFazio's common-sense proposals aim to create good-paying jobs, expand access to affordable health care and develop options outside of the for-profit marketplace, restore economic and educational opportunities, hold government accountable and tip the scales of inequality back in favor of hard-working Oregonians.

Meet Peter