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-0.000490015925517656 -0.00028420923680023 0.00134754379517334 0.00238882763689812 0.00539017518069334 0.000918779860345322 6.12519906896417E-05 0.0047776552737964
Stock impact report

Health insurance executives pressed on affordability in Congress [Yahoo! Finance Canada]

CVS Health Corporation (CVS) 
Last cvs health corporation earnings: 2/12 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.cvshealth.com
WASHINGTON, Jan 22 (Reuters) - Top executives from five of the nation's ?largest health insurers began testifying on Thursday to ?lawmakers in both the U.S. House of Representatives and Senate about the rising ?costs of Americans' healthcare and declining affordability. Insurance executives, including leaders of CVS Health, Cigna, UnitedHealth and Elevance, have been called as millions of Americans face a tripling of ?Obamacare insurance premiums ?following the expiration of extra COVID-19 era tax credits. Annual premiums for U.S. families with employer-sponsored ?health insurance in 2025 rose 6% to nearly $27,000, according to a survey by health-policy organization KFF. And medical costs have risen ?more than 7% in recent years, U.S. government ?data shows. President Donald Trump has said he does not want to reinstate the Obamacare subsidies and instead pitched direct payments to customers shopping for health insurance that could be put into a health savings account. Affordabi Show less Read more
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