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State Regulators Want ACA Payments in Spending Bill

State insurance regulators nationwide are urging Congress to include the Affordable Care Act's cost-sharing reduction payments to insurers in a spending bill to fund the government...
April 27, 2017

State insurance regulators nationwide are urging Congress to include the Affordable Care Act's cost-sharing reduction payments to insurers in a spending bill to fund the government. If the government does not fully fund the payments, which reimburse insurers for lowering costs for low-income customers, they say it could cause the individual market to collapse.

A letter from the National Association of Insurance Commissioners (NAIC) to congressional leaders of both parties calls for 2017 payments to be included in the continuing resolution that must be passed by April 28 to fund the federal government and for a commitment to fully fund the program in 2018. “The time to act is now,” said the NAIC. “Carriers are currently developing their rates for 2018 and making the decision whether to participate on the exchanges or even off the exchanges in 2018.” President Donald Trump has talked of stopping the payments as a way to force Democrats to negotiate on healthcare.

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