News on Senator Cassidy's Suggestions
It is not clear whether the Republican Freedom Caucus in the House, which is fiscally conservative, will embrace the Patient Freedom Act. Senator Cassidy suggested in a press conference yesterday that his bill would initially cost the federal government about the same as Obamacare, but is expected to bend the cost curve over time by obtaining greater consumer engagement in the cost of their care through HSAs and by demanding greater provider cost transparency. More proposals will be forthcoming, with Sen Rand Paul of Kentucky expected to release his proposal soon. Senate Finance Chairman Orin Hatch and HELP Committee Chair Senator Lamar Alexander are important figures to watch, as, of course, is House Speaker Paul Ryan.
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