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Health insurance CEOs grilled on high costs of care in back-to-back House hearings [MSNBC.com]

Cigna Corporation (CI) 
Last cigna corporation earnings: 4/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: cigna.com/about-us/investors
Company Research Source: MSNBC.com
WASHINGTON — Lawmakers on both sides of the aisle pressed health insurance CEOs onpremium hikesback-to-back House committee hearingsThe CEOs of United Group, CVS Group, Cigna Group, Elevance and Ascendiun spent the morning testifying before the House Energy and Commerce Committee, and in the afternoon headed to a hearing before the Ways and Means Committee.The hearings, called by Republicans, come ashealth insurance premiums have skyrocketedjob-based insurance also saw increases“Millions of Americans across the nation have seen their health care premiums skyrocket,” Rep. Debbie Dingell, D-Mich., said. “Yet, all of you are posting record profits.”“It’s crushing over families, it’s a drag on our economy and it’s a threat to my children’s future,” said Rep. Jodey Arrington, R-Texas.The CEOs pushed back on the criticisms, sayingrising premiums“We work everyday to lower the cost of health care,” said David Cordani, the CEO of Cigna.At the first hearing, Reps. Alexandria Ocasio-Cortez, D Show less Read more
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