Rep. Ruiz Introduces Marketplace Certainty Act to Increase Stability
Today Representative
To date, the Trump administration has refused to commit to funding CSRs, causing uncertainty in the marketplaces. Without a commitment, instability will continue, costs will skyrocket for hardworking families, and insurers will exit the marketplaces. Estimates show that if CSRs are not funded, health insurance premiums will rise by an average 19 percent and in some cases as high as 30 percent. The Marketplace Certainty Act provides stability by expanding and permanently funding CSRs. H.R.3258 is the House companion bill to S.1462, which was introduced by Senator
"Patients are facing skyrocketing premiums and health insurers are leaving the marketplaces because of the uncertainty created by Republican leaders threatening to not pay for Cost Sharing Reductions," said
The Affordable Care Act made subsides available to individuals and families who earn between 100 and 250 percent Federal Poverty Level (FPL). H.R.3258 expands eligibility to those earning under 400 FPL. This provides additional assistance to help hardworking Americans afford out-of-pocket costs and stay healthy.
In May,
Sens. Wyden, Risch, Merkley, Heinrich Urge Congress to Pass Bipartisan Wildfire Funding Fix in Senate Bill
Problem Solvers Caucus Reaches Bipartisan Agreement to Try to Stabilize Individual Market
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