On May 23, the nonpartisan Congressional Budget Office (CBO) released its latest analysis of health insurance coverage and costs. Much of the report’s media coverage has focused on the projected 15 percent premium increase for 2019 as a measure of the damage being done by the Trump administration and its Republican allies in their ongoing campaign to sabotage health insurance markets. In truth, this sabotage has imposed a much higher cost on millions of families in America.
Third-party payment programs can improve affordability and increase enrollment for low-income consumers without triggering adverse selection.
This week, the Commonwealth Fund published my research report describing several successful programs, primarily local, that use hospital dollars to increase enrollment into marketplace coverage by lowering premium costs for low-income, uninsured consumers.
Under the guise of creating low-cost health options, the Trump administration has proposed two new regulations that would have dire consequences for two groups:
Through its short-term plan and association health plan rules, the Trump administration will break the current market for individual health insurance in two. These dangerous new sham health plans roll back the current protections and benefits -- leaving people vulnerable to predatory insurers and drowning in the waters of mounting health care costs.
By weakening the standards around what benefits health plans must cover and other changes, the latest policy from the Trump Administration will threaten the quality and affordability of health coverage.
Under a proposed rule open for comment until April 23, 2018, the Trump administration wants to expand the sale of substandard, sham health insurance. If finalized in its current form, this rule will harm consumers and the insurance market.
The comment period for the public to speak out against the rule has closed. View Families USA's comments.
The Trump Administration wants to turn back the clock on protections for health care consumers established by the Affordable Care Act. This latest act of sabotage on the health law came in the form of a proposed rule released by the Department of Health and Human Services. The proposed rule would make it legal to sell “short-term insurance” plans for long periods of time that do not comply with the ACA’s consumer protections.
Yesterday, the Trump administration told insurers and regulators in Idaho that they cannot sell health plans that do not comply with the Affordable Care Act. This is the first recognition from the administration that the ACA remains the law of the land.
Members of Congress and the Trump Administration have frequently proposed measures that would eliminate or undermine essential health benefits (EHBs) established by the Affordable Care Act.
This means getting rid of a core protection for people with pre-existing conditions. And it would have devastating consequences for millions of people.
Weakening or eliminating the EHB requirements would leave millions without any affordable health care options, forcing them to pay out of pocket for needed care or go without care all together.
Funding CSR Payments in the Health Insurance Stabilization Package Could Harm Low- and Middle-Income Consumers
Families USA strongly supports bipartisan efforts to give consumers affordable health insurance in the individual market. A successful stabilization bill would enhance affordability and access by raising advance premium tax credits (APTCs), funding reinsurance, financing outreach and enrollment assistance, and stopping proposed regulations that would let short-term plans and association health plans (AHPs) substantially undermine the individual market.