Blue Shield of California Statement from President & CEO Paul Markovich Regarding the Better Care Reconciliation Act
By a
Under the Affordable Care Act, 5 million Californians have obtained meaningful, and potentially life-saving, access to health care - many for the first time. This bill would put coverage out of reach or even take coverage away from far too many of them.
While the bill takes important steps to stabilize the individual commercial market, the reduction in financial assistance and the elimination of help for paying out-of-pocket costs eventually would mean that many would not be able to afford the care they need. For example, the revised tax credit would be based on a high-deductible plan, which would require a deductible of
The proposed legislation attempts to reduce the federal government's fiscal burden of providing health care, and we fully support that goal. The status quo is not a viable long-term option. We need reforms that actually drive down health care cost trends so that high quality health care is affordable for everyone - including individuals, employers and state governments - not just the federal government.
Therefore, while we encourage senators to vote "no" on this bill in its current form, we also encourage
Background on
Keywords for this news article include: Medicaid, Politics, Health Policy,
Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC
American International Group’s Trademark Application for “AMERICAN INTERNATIONAL SOUTH INSURANCE COMPANY” Filed
AXIS Insurance Appoints Marc Nance to Lead U.S. Excess & Surplus Property Business
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News