Bipartisan Bill Would Lower Health Care, Admin Costs By 50% In 10 Years

Senate health committee members Tina Smith (D-MN) and Bill Cassidy (R-LA) reintroduced a bipartisan bill on Wednesday (May 1) to lower health care spending costs by 50% over 10 years after committee Chair Lamar Alexander (R-TN) said last month he would soon bring a legislative package together on lowering health costs. The bill, known-as the Reducing Administrative Costs and Burdens in Health Care Act, was first introduced last session. It was referred to the Senate health committee, but never voted...