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.
However, one idea under consideration—restoring cost-sharing-reduction (CSR) payments to health insurers—would have the profound unintended effect of significantly raising health care costs for more than 2 million low- and middle-income consumers. View our fact sheet for details, including state-by-state numbers.
We urge Congress not to restore CSR payments unless they are combined with APTC increases large enough to shield low- and moderate-income consumers from harm.
- Congress should act swiftly to stabilize the individual health insurance market.
- One policy under consideration—renewed funding for cost-sharing-reduction (CSR) payments to insurers—would actually have the unintended consequence of dramatically raising premium costs for more than 2 million low- and moderate-income consumers.
- Congress could use other approaches to stabilize the market and protect higher-income consumers without hurting low-wage workers and middle-class families.
- Families USA strongly recommends avoiding renewed CSR payments unless a stabilization bill also gives low-income and middle-class consumers other forms of help that protect them from harm.