Affordable Care Act & Senate Health Bills
October 13, 2017 NCHA Responds to Executive Order Cancelling Cost Sharing Cost-Sharing Reduction Payments to Health Insurers
NCHA and our member health systems are concerned with any action that destabilizes the insurance market. The likelihood of even higher health insurance premiums will jeopardize the coverage gains our state has seen under the Affordable Care Act. As the healthcare safety net, North Carolina’s hospitals and health systems are committed to protecting the health of our communities and to working with policymakers to safeguard access to affordable healthcare coverage.
October 13, 2017 Administration to end CSR payments to insurers
The Trump administration will stop making cost-sharing reduction payments to health insurers, the White House announced last night. Insurers use the federal payments to reduce out-of-pocket costs for low-income individuals purchasing coverage through the Health Insurance Marketplaces. The Congressional Budget Office in August estimated that premiums for silver-level plans would be 20% higher in 2018 and 25% higher in 2026 if the CSR payments were to end. CBO also estimated the changes would increase the federal deficit by $194 billion from 2018 through 2026.