Congressional Hearing to Examine Healthcare Cost Drivers and Incentive Reform

The U.S. Congress Joint Economic Committee (JEC) is set to convene a hearing on Wednesday, December 17, 2025, at 2:30 p.m. EST in Room 216 of the Hart Senate Office Building. Chaired by Representative David Schweikert, the session will focus on strategies to reduce healthcare expenditures while improving patient outcomes. The hearing, titled “Stop Paying More for Less: Realigning Healthcare Incentives to Improve Outcomes and Reduce Costs,” will explore structural inefficiencies in the current system and evaluate potential reforms.

Testifying before the committee will be Brooks Tingle, CEO of John Hancock Financial, based in Boston; Dr. Ed Clarke, Vice President and Chief Medical Officer of the Insurance Division at Banner Health in Phoenix; Avik Roy, Co-Founder and Chairman of The Foundation for Research on Equal Opportunity in Austin; and Matthew Fiedler, Senior Fellow at the Brookings Institution Center on Health Policy in Washington, DC. The event will be livestreamed via the Committee’s official YouTube and X (formerly Twitter) channels, allowing public access to the discussion.
— news from U.S. Congress Joint Economic Committee (.gov)

— News Original —
Joint Economic Committee Hearing: Stop Paying More for Less: Realigning Healthcare Incentives to Improve Outcomes and Reduce Costs

WASHINGTON, DC – The U.S. Congress Joint Economic Committee (JEC) will hold a hearing on Wednesday, December 17, 2025, at 2:30 p.m. EST, in Room 216 of the Hart Senate Office Building. Chairman David Schweikert presiding.

Hearing: “Stop Paying More for Less: Realigning Healthcare Incentives to Improve Outcomes and Reduce Costs”

Witnesses:

Mr. Brooks Tingle, CEO

John Hancock Financial

Boston, MA

Dr. Ed Clarke, MD, Vice President

Chief Medical Officer of the Insurance Division

Banner Health

Phoenix, AZ

Mr. Avik Roy, Co-Founder & Chairman

The Foundation for Research on Equal Opportunity

Austin, TX

Mr. Matthew Fiedler, Senior Fellow

Brookings Institution Center on Health Policy

Washington, DC

Date: 2:30 p.m. EST, Wednesday, December 17, 2025

Location: 216 Hart Senate Office Building

LIVESTREAM: The hearing will stream live on the Committee YouTube and X.

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