Sen. Alexander Issues Speech on Health Insurance
"This committee includes 23 senators--nearly a quarter of the members of the
"Yet, working together during the last two years, we have been able to agree on big steps on big issues about which we have big differences of opinion: Fixing No Child Left Behind, which
"I congratulate
"Those were big steps. This hearing is about taking one small step, a small step on a big issue which has been locked in partisan political stalemate for 7 years: health insurance. It is a step
"This step is not so small to 18 million Americans--songwriters, the self-employed, farmers--those who do not get their health insurance from the government or on the job. These 18 million buy their health insurance in the individual market, and about half of them have zero government support to help buy that insurance.
"18 million is only 6 percent of those who have health insurance in America but each one is important. About half of these are lower income Americans have government subsidies to help pay for their insurance. The other half--9 million Americans are those who get little or no government support to help pay for insurance. These Americans are the ones hurt the most by the skyrocketing premiums, co pays and deductibles.
"Let's take a hypothetical Tennessean - a thirty-five year old making
"Next year, the
"I'm arguing that she should not have to pay one fifth of her income for health insurance.
"
"That could happen again at the end of THIS September--if
"If
"We can do this by taking just two actions: (1) Appropriate cost-sharing payments through the end of 2018 to help with copays and deductibles for many low-income Americans; (2) Amend the section 1332 waiver in the Affordable Care Act so states can have more flexibility to devise ways to provide coverage with more choices and lower costs.
"On the first, cost-sharing payments are extra subsidies - or discounts, really - for many low-income individuals who receive premium subsidies under the law. They help these individuals pay for out of pocket costs like copays and deductibles, but their overall effect is to lower premiums in the individual market.
"On the second, the section 1332 waivers are already written into the Affordable Care Act. Under some circumstances, they allow a state flexibility from certain elements of the law, such as the essential health benefits - but they do not in any way reduce the patient protections most of us support, including protections for those with pre-existing conditions and ensuring those under 26 may remain on their parents' insurance and have no annual or lifetime limits.
"Right now 23 states have begun taking steps to apply, 7 states have applied, and 2 states have received the 1332 waivers so far.
"To get a result,
"That is called a compromise, a much smaller but similar agreement to the compromise that created this
"If we were able to take the big steps I mentioned--fixing No Child Left Behind and passing 21st Century Cures--we ought to be able to take this small, limited bipartisan step on health insurance. If we don't, millions of Americans will be hurt.
"Timing is a challenge. So I propose that we come to a consensus by the end of next week when our hearings are complete so that
"This is because the
"I believe we can do it because we are plowing familiar ground here, our goal is a small step, and so many Americans will be hurt if we fail.
"If we do not do this-- it will not be possible for
"Now let me conclude with a word about process.
"We will have 4 hearings. We are hearing from state insurance commissioners today, from 5 governors tomorrow, we will hear from various experts on state flexibility next Tuesday, and from a variety of helpful perspectives next Thursday, including representatives for doctors, hospitals, insurers, patients, and insurance commissioners.
"This committee has a clear jurisdiction over the rules that govern the individual insurance market, which we are discussing today. We have jurisdiction over private insurance, over the exchanges created by the Affordable Care Act, and over the cost-sharing reduction payments.
"The purpose of these hearings is to provide a focus and create an environment for reaching a consensus that we can act on quickly.
"Note that we do not have jurisdiction over taxes--including the ACA tax credit subsidy--nor over Medicaid or Medicare. Those are the jurisdiction of the Finance committee.
"There has been great interest in this effort by senators who are not members of our committee.
"My goal is to get a result on a small, bipartisan and balanced stabilization bill. Where it makes sense, we will work with other committees and members to get that result.
"Health insurance has been a very partisan topic for a very long time, but the bottom line today is that 18 million Americans need our help, and I hope we can stay focused on getting a result."


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