Health insurance CEOs testifying before Congress about whether they’re to blame for soaring health care costs have a plan: pass the buck.
Five CEOs of major insurers will make the case that the health care premiums they set are rising because of prices charged by other health care players — like hospitals and drugmakers — according to their prepared testimony.
The insurer blueprint comes as the industry is under immense public and political pressure to address rising health care costs, especially after enhanced Affordable Care Act subsidies expired last year, sending Obamacare premiums skyrocketing for millions.
The well-heeled CEOs of some of…
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