In response to a bipartisan plan in the Senate to provide funding for critical subsidies to health insurers that President Trump said last week that he would cut off, Heritage Foundation senior research fellow in health care policy Ed Haislmaier offers the following reaction:
“For Congress, the most important thing is to recognize that funding the cost sharing reduction subsidies—as many are now calling for—would prop up the subsidized Obamacare exchange market, but would do absolutely nothing to stabilize the broader, unsubsidized individual market. What is instead needed to stabilize the unsubsidized market is the removal of Obamacare’s cost increasing insurance mandates and misguided regulations. To fix that Obamacare-caused damage and lower the cost of insurance, Congress will need to make other policy reforms.”
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