April 12, 2017 | FAH Policy Blog Team
Category: Health Care Delivery, Insurance, Media
The Federation of American Hospitals and seven other groups sent a letters to President Trump and Congressional leaders today asking them to protect access to care for millions of Americans by quickly stabilizing the individual insurance market.
The groups all agree that the best way to do this is by funding the cost sharing reductions or CSRs, which help nearly seven million people by reducing deductibles, co-payments, and out-of-pocket costs.
FAH President and CEO Chip Kahn stated:
“Everyone – no matter their financial situation – should have access to affordable, quality health care. Cost sharing reductions can make this a meaningful reality for millions of low income Americans. Without funding of the CSRs by Congress and the Administration, there could be a ripple effect in the individual insurance market raising coverage costs for everyone.”
“The coalition behind this letter shows united support for funding this important lift up for low income Americans. We stand ready to work with policy makers to find a solution and urge the Congress and Administration to take action”
A copy of the letter to President Trump can be found here.
A copy of the letter to Congressional leaders can be found here.
It is signed by the Federation of American Hospitals, America’s Health Insurance Plans, American Academy of Family Physicians, American Hospital Association, American Benefits Council, Blue Cross Blue Shield Association, the American Medical Association and the U.S. Chamber of Commerce.