Council for Behavioral Health Comments on Trump Ending Health Insurance Subsidies
Targeted News Service
WASHINGTON, Oct. 16 -- The National Council for Behavioral Health issued the following statement on the Trump administration ending health insurance subsidies:
"The National Council for Behavioral Health does not support the Administration's decision to halt subsidies to health plans that help pay for coverage of low-income individuals. This move will prevent access to care for millions of Americans, including many living with mental illness and addictions.
"In August, the Congressional Budget Office estimated that if cost-sharing reduction subsidies ended there would be a 20 percent increase in health insurance premiums for low-income individuals who purchase insurance through an exchange. This is an increase these individuals cannot afford.
"Ending the government's cost-sharing subsidies moves us further away from a health care system where all Americans can access the care they need, when they need it. It will not only lead to market destabilization, but will increased costs for the most vulnerable individuals and families who can least afford them.
"We call on Congress to take immediate action to reinstate these payments so that as many Americans as possible have options for affordable, comprehensive coverage."
SDDP Issues Statement on the Republican Lack of Action on CHIP Funding
Rep. Dingell, Local Leaders Rally to Save Medicaid in Michigan
Advisor News
- The rise of the ‘gray divorce’ insurance client
- Succession planning: Building the future of your practice
- From loss to security: Supporting widowed clients with life insurance
- Plan now for lower Social Security benefits later
- The conversation almost no advisor is having yet
More Advisor NewsAnnuity News
- Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
- Industry pushes back on linking ‘financial strength’ to annuity illustrations
- Sammons Enterprises & Sammons Financial Group Respond to Reports
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Cayman Islands premier to meet with U.S. reinsurance regulators
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- Wildfire smoke, increasing in frequency, has implications for morbidity
- Record IUL sales don’t diminish the need for continued customer engagement
- Benchmark International Successfully Facilitated the Transaction Between National Group Marketing Trust and New Era Life Insurance Companies
- Why the bond market is flexing its muscles, and why everyone needs to care
- An Application for the Trademark “LIVE TODAY, SECURE TOMORROW.” Has Been Filed by Security Mutual Life Insurance Company of New York: Security Mutual Life Insurance Company of New York
More Life Insurance News