Democrats are increasingly targeting major health care companies, insurers and pharmaceutical manufacturers as they seek to address rising medical costs, according to Axios.
Newly elected lawmakers, including Texas Senator-elect James Talarico and South Carolina Senator-elect Annie Andrews, have backed proposals to limit insurer profits, restrict private equity ownership of hospitals and expand Medicare's prescription drug price negotiations.
Some Republicans have also expressed concerns about companies controlling multiple parts of the health care system.
The debate could gain momentum under President Donald Trump, who has supported measures to lower prescription drug prices. Democrats are increasingly focusing on corporate practices rather than pursuing a sweeping overhaul of America's health care system.
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With Democrats coming into power in January, be prepared for the Healthcare talk. We should talk about it. If anyone believes we do NOT have universal healthcare today, you just arent paying attention. The issue is who pays for the care. Typically, hospitals do not lose money. They are subsidized already by federal and state governments. The 1986 Emergency Medical Treatment and Labor Act requires hospitals to give care to anyone who shows up at their ER, and payment for services can not be discussed. Of course, everyone knows that now and many use the ER for common every day colds. Then they don't pay the bill. Don't have to. You are. That is universal care. Hospitals write off $36-$42 billion annually. Federal and state governments, with your tax money, payoff $33-$42 billion every year. On top of that, medicaid and Medicare pay over $700 billion annually to hospitals with your money. Meanwhile, in the last decade actual healthcare costs, not health insurance costs, have increased 20-24% as health insurance premiums have risen 52-56%. Their top line revenue has doubled since 2016, from $850 billion to $1.6 trillion and their stocks have made many wealthy. There just has to be a better way to do this. 28 million Americans don't have insurance and you are paying their bills. Obamacare has been a disaster but its time to consider some real solutions that can benefit all of us paying for everyone else's premium.
— Booker (@RealBookerScott) November 10, 2026
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