WASHINGTON, Dec. 11 -- Sen. Ted Budd issued the following op-ed:
U.S. Senators Ted Budd (R-N.C.) and Ted Cruz (R-Texas) introduced the Competition and Openness in Markets to Promote Efficiency, Transparency, and Enhanced Affordability (COMPETE) Act today. The bill would amend the Public Health Service Act to extend the maximum duration of short-term, limited-duration insurance (STLDI), and includes a renewal guarantee provision that allows consumers to purchase STLDI plans for an extended period of time.
"Americans overwhelmingly agree that we need access to high-quality healthcare at a reasonable price. Healthcare costs have climbed to unsustainable rates because of bad policies, like Obamacare, that have propped up insurance companies ...