Yesterday, President Trump and Acting HHS Secretary Eric Hargan announced the “immediate” end of payments to fund cost-sharing reductions (CSRs). Coming three weeks before open enrollment, this is the most malicious and harmful attack yet by the Trump Administration on the Affordable Care Act. It will wreak extreme havoc on health care for America’s families. CSR payments cover insurers’ cost of lowering deductibles and other out-of-pocket costs for almost 6 million marketplace enrollees in low-wage, working families.
President Trump’s Executive Order accomplishes nothing on its own. However, it asks HHS and the Department of Labor to take the Trump Administration’s ACA sabotage campaign to new heights. With less than three weeks to go before open enrollment begins, the administration is sowing confusion among consumers.
After a decade of fruitlessly besieging the city of Troy, the Greeks seemed to sail away for home, leaving behind a gift. “What lovely sculpture,” exclaimed the Trojans. “The Greeks may return, but for now, they have obviously stepped aside from battle. Just look at this beautiful wooden horse!” Troy soon learned to its sorrow that Greek warriors were hiding in the belly of the beast. The gift acclaimed as a sign of peace turned out to be a vehicle for waging further war.
Learn about the financial assistance the Affordable Care Act provides to protect low-income consumers from spending too much on copayments, deductibles, and other health care expenses.
Known as “cost-sharing reductions,” this assistance is essential to whether people can afford to get health care.