Lipinski Leads Bipartisan House Problem Solvers Caucus in Proposing Plan to Stabilize Individual Health Insurance Market and Lower Premiums
Congressman
"For the past seven years, I've said that the two parties need to come together to work on fixes to the Affordable Care Act (ACA), commonly referred to as Obamacare," said
The plan has five provisions, which will be paid for by offsets from within the healthcare system:
1. Appropriate funds so that cost-sharing reduction payments continue to be made. The current method of funding these payments has been ruled unconstitutional by the federal district court of
2. Create a dedicated stability fund for states to facilitate reinsurance programs or other methods of paying for high-cost enrollees, resulting in a 5-10% reduction in premiums.
3. Raise the threshold on the employer mandate to businesses of 500 or more employees. Additionally, the definition of "full time" under the employer mandate would be revised to 40 hours. The
4. Repeal the medical device tax of 2.3%.
5. Provide clear guidance for states that want to innovate under existing Sections 1332 and 1333 of the ACA.
"For far too long, the two parties have been fighting an ideological and political battle over healthcare," stated Lipinski. "Now the individual insurance market is failing in some states and threatened in others as the
"The purpose of this plan is not to solve all the issues with the ACA, but to avoid a disaster in the markets that would make affordable healthcare inaccessible for too many people. The American people want their representatives to be working for the good of the country and to make their lives better. That is what we did with this compromise.
"Many thought they'd never see the day when so many
Read this original document at: https://lipinski.house.gov/press-releases/lipinski-leads-bipartisan-house-problem-solvers-caucus-in-proposing-plan-to-stabilize-individual-health-insurance-market-and-lower-premiums/
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