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Hoyer Statement on Trump Administration Ending Cost-Sharing Reduction Payments

Press Types
Press Release
For Immediate Release:
October 12, 2017
Contact Info:
Mariel Saez 202-225-3130
WASHINGTON, DC - House Democratic Whip Steny H. Hoyer (MD) released the following statement today after the White House Press Secretary issued a statement indicating that the Trump Administration will end cost-sharing reduction payments:

“Not content to harm Americans with pre-existing conditions with his executive order earlier today, this President is now acting spitefully to raise premiums on millions of Americans and force a collapse of our health insurance marketplaces. Unable to get his TrumpCare plan through Congress, the President is undermining bipartisan attempts to improve our health care system. Ending cost-sharing reduction payments will make it harder for insurers to provide affordable coverage plans to consumers. Now, it is up to Congress to take legislative action to protect consumers and provide stability to our insurance markets. The President seems to forget that he and his party will be held accountable for any changes that occur in our health care system on his watch.”