Rep. Hoyer Issues Statement on Proposed Insurance Rate Increases in Maryland

WASHINGTON, May 5 -- Rep. Steny H. Hoyer, D-Md., issued the following statement after insurance companies in Maryland submitted rate increase requests for 2018:

"I am deeply concerned by the proposed rate increases in the state of Maryland for 2018. The uncertainty sown by House Republicans and the Trump Administration, including the House's passage of TrumpCare, is already having a negative impact on the health insurance market in our state, and in those across the country.

"President Trump's failure to commit to continuing payment of cost sharing reductions, coupled with the lack of clarity regarding the enforcement of the law's individual responsibility requirements, is forcing insurers to increase premiums and out-of-pocket costs for millions of American families.

"While improvements are needed to bring health care costs down for everyone, the Affordable Care Act has brought access to affordable coverage for thousands of Marylanders, and the law must not be repealed. Should the Affordable Care Act be repealed or sabotaged, thousands of families in Maryland and across the country will be irreparably harmed. I will continue to fight efforts that would take health care away from Marylanders and raise costs for many more."