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Ending Obamacare cost-sharing reductions a 'lose-lose,' some experts say

Ending Obamacare cost-sharing reductions a 'lose-lose,' some experts say”

Anthem Blue Cross and Blue Shield has offered free access to counselors and therapists via online video and phone for those affected by the October 1 shooting, when a gunman killed 58 people and wounded 546.

" (I) want to make sure that people know that if they have the marketplace plan for 2017, it's enforced as long as they make their monthly premiums", Cass said.

Blue Shield of California affirms our commitment to providing Californians with all the benefits they are entitled to under the Affordable Care Act despite the elimination of cost sharing reductions (CSR) that lower deductibles, copayments, and out-of-pocket limits for more than 6.4 million low-income enrollees who otherwise would be unable to afford the care they need.

The late-Thursday announcement is fueling fears that the payments, known as cost-sharing reduction subsidies, may end immediately, which could hurt hospitals and those insurers still in the marketplace in the near future.

Mitch Kokai, a policy analyst with Libertarian think tank John Locke Foundation, said congressional health-care policymakers "should devote more attention to ideas that are likely to play a role in helping to reduce costs".

Congress, having sparked the lawsuit when the House of Representatives sued to protect its constitutional prerogatives, could of course use its "power of the purse" to reinstate the cost-sharing-reduction subsidies - this time through an explicit appropriation, rather than executive fiat.

However, insurance companies will have to absorb the costs on their own driving up premiums on the individual market.

But the news is worse for the 61,000 MI residents who purchase health insurance on their own and don't qualify for subsidies under the Affordable Care Act.

We've provided that rate range of 0 to 29 percent increase.

Hickey says they anticipated this move by the Trump Administration, and raised premium rates to compensate for losing federal subsidies. That includes shortening the enrollment period, slashing funds to help people sign up and making it easier for individuals and small businesses to get plans that don't comply with ACA rules.

Blue Cross Blue Shield of MI, the state's largest health insurer, issued a statement Friday calling on Congress to override Trump's decision and reinstate the cost-sharing reduction payments.

"Congress should act to reinstate this funding, protect affordable coverage for people and keep private insurers in the market to offer coverage".

HealthNet provides coverage in Maricopa and Pima counties.

"We fear that victims of this tragedy now seeking badly needed health care in the community could be hit with costly, out-of-network charges", said Sen.

Udow said she's also hoping that Congress will address the isuse. When Tom Price resigned as secretary of health and human services last month, Senate Finance Committee ranking member Ron Wyden (D., Ore.) said his replacement "needs to be focused on implementing the law as written". "That could be the best outcome, finding a bipartisan solution".



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