October 20, 2017 | FAH Policy Blog Team
Category: Affordable Care Act, Insurance
Today, a broad coalition of health care and business groups, including FAH, released a statement regarding the market stabilization legislation proposed by Sens. Lamar Alexander and Patty Murray. Last week the Administration announced it was ending CSR payments. The coalition has been working for months to make sure this vital program continues.
The statement reads:
“Sens. Alexander and Murray, thank you for your leadership.
Consumers and patients benefit from more affordable care and additional choices in a stable individual health insurance market.
Funding the critical consumer cost-sharing reduction (CSR) benefit will help:
• lower-income patients afford to see their doctor; and
• consumers access more affordable insurance options.
Beyond advancing these important policy priorities, federal spending will be lower if CSR benefits are continuously funded. In contrast, terminating CSR funding will increase our nation’s budget deficit by almost $200 billion over 10 years.
We join together again to urge Congress to take action to enact legislation that includes continued funding for CSR benefits for the rest of 2017 and for at least the next two years (2018-2019).
Health care is a bipartisan priority on which all of us can work together to deliver real solutions and real results.”
The statement was authored by FAH, America’s Health Insurance Plans, American Academy of Family Physicians, American Benefits Council, American Hospital Association, American Medical Association, Blue Cross Blue Shield Association, and U.S. Chamber of Commerce.