Press Release

Thursday, December 5, 2013


Price Health Care Bill Saves $2.34 Trillion

Independent Estimate of Patient-Centered Health Care Reform Shows Lower Costs for American People


WASHINGTON, D.C. – Congressman Tom Price, M.D. (GA-06) announced today that an independent review of H.R. 2300, the Empowering Patients First Act, estimates the legislation would save $2.34 trillion while reducing health care premium increases. The estimate was produced by former Congressional Budget Office Director Douglas Holtz-Eakin.


“The status quo in America's health care system is unacceptable. Today, because of Obamacare, it is only getting worse,” said Congressman Price. “The American people are looking for positive solutions to the challenges in our health care system, and they do not want to put Washington in charge of their personal health care decisions. This analysis confirms that the Empowering Patients First Act would have a tremendously positive impact on our nation’s health care system. It is a testament to the reform proposal’s validity and seriousness, and it confirms that patient-centered solutions can yield savings, reduce costs, and increase access.”


“Under Obamacare, the American people are losing the health care coverage they have while experiencing higher premiums and less access to physicians and hospitals. This is occurring because the president’s health care law violates every principle of health care we hold dear: affordability, accessibility, choices, innovation, quality and responsiveness. The impetus for an alternative approach to health care reform is obvious, and we ought to be pursuing solutions that empower patients, families and their physicians, not Washington.”


Compared to current law, H.R. 2300 would achieve an estimated $2.34 trillion in savings over 10 years by:

  • Making the purchase of health coverage financially feasible for all Americans.
  • Solving the insurance challenges of portability and pre-existing illness.
  • Reining in out-of-control costs – particularly those associated with defensive medicine.
  • Improving the health care delivery structure.


Click here for the review.


Additional Items:

  • Empowering Patients First Act bill text can be found here.
  • For a section-by-section of the legislation, click here.
  • To read our editorial on the Empowering Patients First Act in National Review, click here.
  • To view a video announcing the estimated $2.34 trillion in savings under the Empowering Patients First Act, click here.