Leader Pelosi Issues Statement on Trump Administration Extending Cost Sharing Reduction Payments Uncertainty - Insurance News | InsuranceNewsNet

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May 23, 2017 Newswires
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Leader Pelosi Issues Statement on Trump Administration Extending Cost Sharing Reduction Payments Uncertainty

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WASHINGTON, May 22 -- House Minority Leader Nancy Pelosi, D-Calif., issued the following statement following the Trump administration's request for a 90-day delay in the cost sharing reduction payments lawsuit:

"In merely delaying their suit, Republicans cynically continue to sow uncertainty in the health coverage of millions of Americans. At a critical period when insurers are deciding premiums for next year, Republicans are pouring uncertainty into the health insurance marketplaces.

"If Republicans allow their cynical lawsuit to cut off the Cost Sharing Reduction payments, they will be directly responsible for increasing premium costs for consumers by 19 percent, causing some insurers to withdraw from rural counties, and increasing costs for taxpayers by billions of dollars."

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