Senator Hassan Joins Colleagues in Calling on President Trump to Protect Granite Staters from Higher Health Care Costs
Senator Urges President Trump to Protect Cost-Sharing Subsidies that Help Lower Health Care Costs for Hard-Working Granite Staters
WASHINGTON - Today, Senator Maggie Hassan joined fellow members of the Committee on Health, Education, Labor, and Pensions (HELP), including Senators Tammy Baldwin (D-WI), Chris Murphy (D-CT), Elizabeth Warren (D-MA), and Sheldon Whitehouse (D-RI), in calling on President Trump to stop efforts to undermine the Affordable Care Act (ACA) and to help stabilize the insurance market by protecting the cost-sharing subsidies under the Affordable Care Act that help lower health care costs for hard-working Granite Staters and Americans.
"As we have said, we stand ready to work on improvements to the law that would reduce costs for individuals and improve the stability of the market. But, we cannot work together on commonsense reforms without a strong commitment from your Administration to do no further harm and to halt efforts that have already begun to undermine access to affordable coverage," the Senators wrote. "We urge you, again, to take action to protect and continue this vital financial assistance for our constituents and all of the health benefits that our families rely on today."
More than 6 million Americans enrolled in health care coverage under the Affordable Care Act receive cost-sharing subsidies to help reduce their out-of-pocket costs and deductibles.
A lawsuit brought by Congressional Republicans, House v. Price (formerly House v. Burwell), seeks to stop ACA cost-sharing subsidies and raise out of pocket costs for hard-working American families. Instead of committing to protect the payments, President Trump and House Republicans further delayed action on this lawsuit - prolonging uncertainty for consumers and insurers - until May 22, 2017. President Trump could take action to halt these subsidy payments, which would force families to lose critical financial assistance and create instability for insurers that could result in plan cancellations.
"Failing to take immediate action to oppose the lawsuit or direct House Republicans to forgo this effort will increase instability in the insurance market, as insurers may choose not to participate in the marketplace in 2018," the Senators added. "Most importantly, if your Administration stops these payments, it would immediately expose our families to higher insurance costs and could force them to forgo needed care."
Last week, Senator Hassan and Senator Shaheen joined their colleagues in urging President Trump and his administration to abandon efforts to repeal the Affordable Care Act so that they can work together in a bipartisan fashion to improve the law and lower the cost of health care for all Granite Staters and Americans.
The full text of the Senators' letter available here.