Press Releases

Washington, D.C. – On Wednesday, February 5, U.S. Senator Marco Rubio (R-FL) will testify at the House Oversight and Government Reform Committee hearing entitled, “ObamaCare: Why the Need for an Insurance Company Bailout? The hearing will be convened by Chairman Darrell Issa (R-CA) and will feature testimony from several health policy experts.

The hearing will focus on provisions of ObamaCare that are increasing premiums for consumers outside of the exchanges and putting taxpayers at risk for an uncapped bailout of insurance companies participating in ObamaCare over the next three years. Rubio is the sponsor of S.1726, The ObamaCare Taxpayer Bailout Prevention Act, a bill that would repeal the risk corridor provision.

“The growing likelihood of a taxpayer-funded bailout is just another sign that this health care law is flawed and needs to be replaced,” Rubio said. “Taxpayer money should not be given to health insurance companies when ObamaCare’s failures hurt their bottom line.”

The following event will be streaming live at

Wednesday, February 5, 2014
Senator Rubio To Testify At House Oversight Hearing
9:30 A.M. EST
2154 Rayburn House Office Building
Washington, D.C.