Nicole Malliotakis
π€ SpeakerAppearances Over Time
Podcast Appearances
So he has a point with that, but
I think the bigger issue is PBM reform, if we want to rein in those PBMs that are those middlemen between the insurance companies and the pharmacies.
In some cases, there's vertical integration where the insurance company is the PBM and the pharmacy.
That is, I think, a real problem because we're seeing them put small mom-and-pop pharmacies out of business.
They're dictating what their competitors are making.
And they have no transparency in terms of what's going on in the middle in between phase and how much they're profiting.
So in fact, our committee next week, Ways and Means, is going to be having these health insurance executives that do also own these PBMs.
come before us.
And the questions are, it's going to be interesting, especially when we, when we asked them, you know, about the 230% increase in profits, uh, and, and the premiums increasing at the same time, despite those taxpayer subsidies.
That's going to be a big topic, I think, uh, in the next couple of weeks and, and we'll see where that goes, but I'm hopeful
that we're still going to get something done in a bipartisan way.
If not, through reconciliation, what the president proposed today could be done through the reconciliation process, which means only Republicans are needed to pass it.
I think it's a possibility.
Look, our margin keeps getting slimmer and slimmer, but I think that's very well possible.
Maybe as it relates to health care and housing, there's a lot of discussion surrounding housing and affordability there.
I think one of the biggest things we also need to do, and I think as it relates to credit card companiesβ
Financial literacy is so important, right?
Teaching young people about what it means to take on debt and what's behind the actual dollar.
And I think that that's something we need to get back to the basics in our education system.
Look, I think what we really wanted and needed, particularly in my district, was the president to, one, secure the border, which he's done.