Members of the Coalition Against Surprise Medical Billing, which represent accountable care providers, leading employer groups, unions and health insurance providers and the tens of millions of people they employ and serve each day, support meaningful solutions to end surprise medical billing that would:

• • Protect patients and families from surprise medical bills sent by out-of-network providers.
  • Maintain fair, market-based payments for out-of-network care.
  • Help reduce health care costs for consumers and taxpayers by avoiding an arbitration process that adds unnecessary expense, delay and bureaucracy to the health system.

The growing presence of private equity-backed providers is becoming an all too common influence in the health system — and one of the leading drivers behind egregious surprise medical bills that bankrupt families across the country. Out-of-network providers backed by equity firms continue to exploit a market loophole that allow them to charge exorbitant rates at patients’ expense. View the Coalition’s latest advertising on the harmful tactics from private equity firms below and why this practice needs to stop for good. Past evidence indicates that private equity firms have previously overused and misused the arbitration process, similar to the one included in the No Surprises Act, to increase their payments from health insurance providers — and ultimately patients. As we have seen in states like Texas, New York and New Jersey, the arbitration process adds levels of bureaucracy and costs that patients ultimately bear in their premiums.