DUCKWORTH, DURBIN, ILLINOIS DELEGATION MEMBERS PEN LETTER TO HEALTH INSURANCE COMPANIES, SEEKING ANSWERS ABOUT COST OF REPUBLICANS' INACTION ON EXTENDING ACA TAX CREDITS
The following information was released by
In their letters to eight health insurance companies, the lawmakers emphasize that Illinoisans rely on ACA enhanced premium tax credits to afford health care
[
"We are writing to request information about how the potential expiration of the Affordable Care Act's (ACA; P.L. 111-148) enhanced premium tax credits would impact patients, health care providers, and hospitals in
In 2021,
"To make health care even more affordable, the American Rescue Plan Act (P.L. 117-2) enhanced the premium tax credits. This measure ensured that eligible households would not contribute more than 8.5 percent of their income to their health insurance premiums and allowed more middle-income Americans to access the premium tax credits," the lawmakers wrote.
"Due to the beneficial impact these enhanced tax credits had for American families,
Continuing their letter, the lawmakers emphasized that if
"In
The lawmakers underscored that health care providers and hospitals will lose critical revenue if
"For hospitals and providers in
Concluding their letter, the lawmakers requested details about the potential impacts of
The following insurance companies received a copy of the lawmakers' letter:
A copy of the letter is available here and below:
Dear [CEO],
We are writing to request information about how the potential expiration of the Affordable Care Act's (ACA; P.L. 111-148) enhanced premium tax credits would impact patients, health care providers, and hospitals in
The ACA established premium tax credits, helping lower- and middle-income families lower their health insurance premiums for plans offered through the marketplace. These premium tax credits made health care affordable for millions of families, small business owners, and farmers across the country. To make health care even more affordable, the American Rescue Plan Act (P.L. 117-2) enhanced the premium tax credits. This measure ensured that eligible households would not contribute more than 8.5 percent of their income to their health insurance premiums and allowed more middle-income Americans to access the premium tax credits.
Due to the beneficial impact these enhanced tax credits had for American families,
If the enhanced premium tax credits are not extended, premiums for more than 22 million Americans, including 395,850 Illinoisans, will more than doublefrom an average of
Health care providers and hospitals across
To help inform our legislative efforts to improve health care for Illinoisans and better understand the implications of letting the ACA tax credits expire, we request that [health insurer] respond to the following questions by
How many Illinoisans does [health insurer] cover? Please provide statewide figures and a breakdown by congressional district.
How many Illinoisans does [health insurer] cover who receive the enhanced premium tax credit? Please provide statewide figures and a breakdown by congressional district.
For Illinoisans who are covered by [health insurer] and receive the enhanced premium tax credit, what is their average premium reduction? Please provide statewide figures and a breakdown by congressional district.
If the enhanced premium tax credits are allowed to expire because of congressional Republican inaction, does [health insurer] plan to increase premiums for Illinoisans next year?
If so, please provide the justification for such premium increases.
If so, please provide the average statewide increase and a breakdown by congressional district.
If the enhanced premium tax credits are allowed to expire because of congressional Republican inaction, does [health insurer] expect the Illinoisans it covers to lose coverage?
If so, please provide estimated statewide coverage losses and a breakdown by congressional district.
If so, what continuity of care plans does [health insurer] have in place for Illinoisans?
When would notices of premium changes be sent to Illinoisans?
How many Illinoisans will [health insurer] have to notify?
How will [health insurer] inform Illinoisans (e.g., mail, e-mail)?
What processes does [health insurer] have in place to ensure that Illinoisans will be informed before their coverage is renewed?
If the enhanced premium tax credits expire, are there specific counties that will cease to be a part of [health insurer's] service area?
If so, approximately when will such a decision to exit be made?
Thank you for your timely attention to this important issue.
Sincerely,
-30-


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