Congress must stabilize the individual market
Senators Lamar Alexander, RTenn., and Patty Murray, DW. Va., created a bipartisan bill last year to improve health insurance markets.
The deal allocates funds for cost-sharing reductions, which reduce out-of-pocket costs for low-income beneficiaries.
The senators’ bill is a welcome step to stabilizing the individual markets.
The Administration previously announced its intention to slash funds for CSRs.
That action, though, would skyrocket premiums for low-income beneficiaries and price some out of coverage, further eroding the individual market.
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