Maloney Condemns Trump Decision to Stop Cost Sharing Payments for Health Insurance
In response to the Trump Administration’s announcement that it will end cost sharing reduction (CSRs) payments for health insurance plans, Congresswoman Carolyn B. Maloney (NY-12) released the following statement.
“This is yet another desperate attempt by President Trump to deliberately sabotage the Affordable Care Act after Republicans in Congress failed to repeal it. Members of both parties support continuing cost-sharing reduction payments because they help maintain stability in the health insurance market and ensure that prices do not spike for low-income Americans. Unfortunately, President Trump seems intent on single-handedly destroying patient protections and cost-saving protections currently in place. Ending cost-sharing payments is a reckless and thoughtless action that will cause severe harm for millions of people across the country.
“In order to reverse President Trump’s action, Congress should immediately take up the Marketplace Certainty Act (HR 3528), which would provide permanent funding for cost-sharing payments. Congress has a responsibility to keep people safe. By continuing cost-sharing payments we can live up to that responsibility by ensuring that millions of low-income Americans continue to have access to affordable health insurance and the care they need.”