Becker's Healthcare January 21, 2026
The CEOs of most of the nation’s largest health insurers plan to lay blame for rising healthcare costs on hospitals, pharmaceutical companies and specialty providers during testimony before Congress on Jan. 22.
In written testimonies submitted ahead of back-to-back hearings before the House Energy and Commerce Subcommittee on Health and the House Ways and Means Committee, the top executives from UnitedHealth Group, CVS Health, Elevance Health, The Cigna Group and Ascendiun (parent of Blue Shield of California) said they would defend the insurance industry’s role within the healthcare system and argue that rising premiums directly reflect underlying medical costs that have grown faster than inflation.
“The cost of health insurance is driven by the cost of healthcare. It is a...
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