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President Barack Obama’s Affordable Care Act fails to address the problem of escalating health care costs, according to testimony by health care experts at a committee hearing Tuesday.
Steven Brill, a health care writer and contributing editor to Time, told members of the Senate Finance Committee that while the act, more commonly known as Obamacare, may extend coverage to some currently uninsured Americans, it does not include measures to curb rising insurance premiums or the cost of providing medical services.
