WASHINGTON, D.C. – Today, Ways and Means Committee Chairman Jason Smith (MO-08) and Energy and Commerce Committee Chairman Brett Guthrie (KY-02) announced the details for an upcoming hearing with five of the biggest health insurance company CEOs to answer questions on making health care more affordable for all Americans.

“House Republicans are once again left to clean up the mess of Democrats’ flawed policymaking. Instead of temporarily bailing out a failing program utilized by a fraction of the country, we have invited five of the top health insurance company CEOs to testify before our Committees to have a discussion and answer questions about rising costs, the current state of health care affordability, and the role played by large health insurers.

“This hearing is the first in a series to examine the root causes driving higher health care prices and discuss policies that will lower the cost of care for all Americans.

“Republicans are committed to making health care more affordable by driving solutions that increase patient choice and competition, root out waste, fraud, and abuse, and put patients back at the center of our health care system,” said Chairmen Smith and Guthrie.

The date of the hearing will be January 22, 2025, with the panel appearing before the House Committee on Energy and Commerce Subcommittee on Health in the morning, and the House Committee on Ways and Means in the afternoon. 

Company CEOs in attendance will be UnitedHealth Group, CVS Health, Elevance Health, The Cigna Group, and Ascendiun (the parent company of Blue Shield of California).

Witnesses:

• Stephen Hemsley, CEO, UnitedHealth Group
• David Joyner, President and CEO, CVS Health 
• Gail Boudreaux, President and CEO, Elevance Health
• David Cordani, President, CEO, and Chairman of the Board, The Cigna Group
• Paul Markovich, President and CEO, Ascendiun

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