August 2, 2017
Contact: Cindy Hoang, National Consumers League, (202) 207-2832, firstname.lastname@example.org
Washington, DC--The National Consumers League (NCL) urges the Federal government to fund cost-sharing reduction (CSR) benefits, which make coverage more affordable for low- and moderate-income Americans who buy their own coverage.
Unfortunately, President Trump continues to threaten to stop the CSR payments in a misguided attempt to resurrect Congressional efforts to repeal and replace the Affordable Care Act (ACA). In response, the bipartisan Problem Solvers Caucus of more than 40 Members of Congress released a proposal on Monday that would ensure mandatory funding of the CSRs. NCL applauds this proposal and urges Congress to move swiftly to approve these appropriations.
The following quote may be attributed to Sally Greenberg, NCL executive director:
“Funding CSR benefits is not an insurer `bailout,’ as President Trump has claimed. Health plans pass these dollars through to consumers, so that they can afford to see their doctors and get their prescriptions. This funding helps to lower deductibles and other out-of-pocket costs for more than 6 million low- and moderate-income Americans. Without certainty that these payments will be made, however, health plans are likely to raise premiums or choose to leave the Marketplace entirely – leaving people with few, if any, choices. It is time to shore up, not undermine, the Marketplace, and ensure the market stability that both health plans and consumers desperately need.”
About the National Consumers League
The National Consumers League, founded in 1899, is America's pioneer consumer organization. Our mission is to protect and promote social and economic justice for consumers and workers in the United States and abroad. For more information, visit www.nclnet.org.