Hill January 22, 2026
Some of the nation’s top health insurance executives sought to deflect blame for the soaring cost of health care in the U.S., arguing that rising hospital and prescription drug prices were driving premiums higher and making health care less affordable for Americans.
The CEOs of five major health insurers testified before a House Energy and Commerce subcommittee on Thursday, the first in a series of back-to-back hearings focused on finding the root causes driving unaffordability in the health care system, including skyrocketing premiums.
“The cost of health care insurance fundamentally reflects the cost of health care itself. It is more of an effect than a cause,” said Stephen Hemsley, the CEO of UnitedHealth Group, the nation’s largest health care provider.
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