Sen. Markwayne Mullin, R-Okla., told Newsmax on Tuesday that mandates under the Affordable Care Act and subsequent federal actions helped drive consolidation in the insurance industry, higher premiums, and resulting financial profit for major health carriers.
Mullin, who sits on the Committee on Health, Education, Labor, and Pensions, told “Rob Schmitt Tonight” that federal mandates under the Affordable Care Act contributed to rapid insurer growth while limiting consumer choice.
“Well, any regulation and mandate you put on any corporation, I don’t care what the corporation is, especially healthcare. They’re going to pass that cost on to the individual,” he said.
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