Republican-led US House panel issues subpoenas to eight health insurers, Axios reports
#House Republicans #Health Insurance #Subpoena #Price Transparency #ERISA #Virginia Foxx #Healthcare Reform #UnitedHealthcare
📌 Key Takeaways
- The House Committee on Education and the Workforce issued subpoenas to eight top U.S. health insurers.
- Republican Chairwoman Virginia Foxx is leading the probe into a lack of price transparency for employers.
- Insurers targeted include industry leaders such as UnitedHealthcare, Cigna, Aetna, and Humana.
- The investigation focuses on whether insurers are obstructing employers from fulfilling their fiduciary duties under ERISA law.
📖 Full Retelling
🏷️ Themes
Governance, Healthcare, Economy
📚 Related People & Topics
Employee Retirement Income Security Act of 1974
U.S. tax and labor law
The Employee Retirement Income Security Act of 1974 (ERISA) (Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch.
House Republican Conference
Party caucus in the US House of Representatives
The House Republican Conference is the party caucus for Republicans in the United States House of Representatives. It hosts meetings, and is the primary forum for communicating the party's message to members. The conference produces a daily publication of political analysis under the title Legislati...
Subpoena
Writ to compel testimony or the yielding of evidence
A subpoena (; also subpena, subpœna) or witness summons is a writ issued by a government agency, most often a court, to compel testimony by a witness or production of evidence under a penalty for failure. There are two common types of subpoenas: subpoena ad testificandum orders a person to testify ...
Health insurance
Insurance covering health-related expenses
Health insurance or medical insurance (also known as medical aid in South Africa) is a type of insurance that covers the whole or a part of the risk of a person incurring medical expenses. As with other types of insurance, risk is shared among many individuals. By estimating the overall risk of heal...
📄 Original Source Content
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry As Claude disrupts stock market, Anthropic researcher warns ’world is in peril’ Gold, silver prices rise amid U.S.-Iran tensions, blowout January payrolls data Dow halts three-day win streak as blowout jobs data curbs rate cut bets Citi pushes back Fed rate cuts to May after blowout January jobs report (South Africa Philippines Nigeria) US House panel issues subpoenas to eight health insurers on alleged Obamacare fraud Stock Markets Published 02/10/2026, 05:48 AM Updated 02/10/2026, 02:00 PM US House panel issues subpoenas to eight health insurers on alleged Obamacare fraud 0 ELV 1.42% CVS 1.60% CNC 2.07% OSCR 5.59% By Sriparna Roy Feb 10 - House Judiciary Committee Republicans have subpoenaed eight Affordable Care Act health insurers for documents as part of an investigation of potential fraud surrounding Obamacare subsidies. The subpoenas to Elevance Health , CVS Health , Centene , GuideWell, Oscar Health , Kaiser Permanente, Health Care Service Corp and Blue Shield of California by Republican House Judiciary Chair Jim Jordan demanded information on measures taken by each company to protect from fraud. In the letters sent to the companies on Monday, the committee cited a recent report by the Government Accountability Office that found billions of dollars in unreconciled Obamacare subsidies per year. The subsidies, which are advanced premium tax credits paid directly from the federal government to insurance companies, cover an enrollee’s premium above a percentage of their income. These subsidies, which were expanded during the pandemic, have expired and their future remains uncertain. The House passed a three-year extension, but it still needs to pass the Senate, where negotiations are ongoing. CVS told Reuters it received the letter and is cooperating, while Centene said it was providing information to the House Judiciary Committee with the goal of fighting fraud and increasing access. A GuideWell spokespe...