Sens. Warner and Kaine: Trump’s Creation of Deliberate ‘Chaos and Uncertainty’ in Individual Marketplace is ‘Unacceptable and Dangerous’
This hedging by the
Fifty-six percent of Virginians who buy insurance in the ACA marketplace rely on cost-sharing reductions to keep their health care costs affordable. In fact, in some
"Despite the importance of these payments, the current
Sens. Warner and Kaine are asking the commissioner request that insurers providing health coverage in
The full text of the letter to Commissioner Cunningham is available here (https://eu3.proxysite.com/process.php?d=x5B99FmPCRZBhNnWV1OdjctLeH8PiX5%2Fq8ujj3ne7av0RD34PCYNRnhC7gKs5uuEE126tykoj%2FQA5W%2Bc6vuRvwlsMSe5UJC%2FQYyqDTMLNjZ9n%2Fg3wA4%3D&b=1) and below.
Commissioner of Insurance
P.O. Box 1157
Dear Ms. Cunningham:
We write to you regarding the filed 2018 insurance premium rates in
Fifty-six percent of Virginians who buy insurance in the Marketplace rely on cost-sharing reductions (CSRs) to keep their health care costs affordable. In fact, in some counties, including
Despite the importance of these payments, the
Although
We also encourage you to request that those insurers that assumed the cost-sharing reductions would continue disclose that fact in their 2018 Notice to Beneficiaries, and disclose the estimated impact on premiums if the cost-sharing reductions are discontinued, so that consumers can understand the potential future impact on their own personal finances.
It isn't just the concern hanging over cost-sharing reductions that is driving up premiums around the country. Insurers also say that the uncertain future of the individual shared responsibility provision is forcing them to either increase premiums much more than they otherwise would, or to pull out of marketplaces altogether. This willful creation of chaos and uncertainty is unacceptable and dangerous, and threatens the health insurance coverage of millions of Virginians.
We look forward to your response, and to working with you to ensure that Virginians have access to every available resource to keep health care costs affordable. Thank you for your timely attention to this request. If you have any additional questions, please contact our offices.
Sincerely,
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