Warren and Hawley team up to try to break up "Big Medicine"
#Elizabeth Warren #Josh Hawley #Big Medicine #Healthcare costs #Antitrust #Site-neutral payments #Bipartisan bill
📌 Key Takeaways
- Senators Elizabeth Warren and Josh Hawley have formed a bipartisan alliance to target healthcare monopolies.
- The proposed legislation seeks to implement site-neutral payments to equalize costs between hospitals and independent clinics.
- The bill aims to grant federal regulators more power to prevent anti-competitive mergers and acquisitions in the medical field.
- Special focus is placed on curbing the influence of private equity firms in nursing homes and local healthcare practices.
📖 Full Retelling
🏷️ Themes
Healthcare, Legislation, Economy
📚 Related People & Topics
Competition law
Law maintaining market competition
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade pr...
Health care prices in the United States
Market and non-market factors that determine pricing
The prices of health care in the United States are higher than in other countries. Compared to other OECD countries, U.S. healthcare costs are one-third higher or more relative to the size of the economy (GDP). According to the CDC, during 2015, health expenditures per-person were nearly $10,000 on ...
Josh Hawley
American lawyer and politician (born 1979)
Joshua David Hawley (born December 31, 1979) is an American politician and attorney serving as the senior United States senator from Missouri, a seat he has held since 2019. A member of the Republican Party, Hawley served as the 42nd attorney general of Missouri from 2017 to 2019, before defeating t...
Big Medicine
2007 American TV series or program
Big Medicine is an American reality television show that examined the effects of bariatric surgery, both physical and emotional, on obese patients. It also chronicled the ordeals of the patients leading up to surgery. It aired on TLC from May 28, 2007, until November 18, 2009.
Elizabeth Warren
American politician (born 1949)
Elizabeth Ann Warren (née Herring; born June 22, 1949) is an American politician and former law professor who is the senior United States senator from the state of Massachusetts, serving since 2013. A member of the Democratic Party and regarded as a progressive, Warren has focused on consumer protec...
🔗 Entity Intersection Graph
Connections for Competition law:
- 🌐 Net neutrality (1 shared articles)
- 👤 Tim Wu (1 shared articles)
- 🌐 Enshittification (1 shared articles)
- 👤 Cory Doctorow (1 shared articles)
- 🌐 Price gouging (1 shared articles)
- 👤 El Al (1 shared articles)
📄 Original Source Content
Warren and Hawley don't agree on much, but they've found common ground on health care and affordability.