Washington, D.C. -Congressman Tom Suozzi (NY-03) and Congresswoman Kathy Castor (FL-14) today introduced a bicameral resolution to repeal the 2027 rule from the Department of Health and Human Services that will increase the cost of health care for hardworking Americans, worsen the Affordable Care Act (ACA) coverage, kick up to two million Americans off their health insurance, and make it easier for insurance companies to cover fewer services.
"Healthcare costs are already too high, and millions have already lost their health insurance due to the expiration of the enhanced premium tax credits at the end of last year," said Rep. Suozzi. "The latest ACA rule would only make things worse, increasing out-of-pocket costs for patients and decreasing the quality of their coverage. This rule risks even more Americans losing their health insurance, and we cannot let that happen."
"Families need affordable health coverage, not more economic pain by ripping health care away. The recent rule change to the ACA would make life more expensive by increasing out-of-pocket costs, ripping two million Americans' health coverage away, and creating more obstacles to coverage and care," said Rep. Castor. "This resolution will ensure that this predatory rule change does not go into effect. Everyone deserves affordable health care coverage -not just the wealthy and well-connected."
The 2027 rule promotes the use of catastrophic health plans with extremely high deductibles, loosens physician network requirements for plans, and proposes that insurers be allowed to offer "non-network" plans that may not cover the cost of care. This would make it easier for insurers to raise out-of-pocket costs, sell new kinds of junk insurance coverage, increase working families' deductibles, cover fewer services and kick more providers out of network.
At a time when Americans are already struggling to afford health care, this rule will make it even harder for consumers to get the coverage and find the doctors they need. The result would be worse coverage at higher costs, including by terminating coverage for an estimated 2 million people, making insurance more affordable, reducing the scope of coverage, limiting patients' access to their doctors, and increasing red tape to make it harder for 4.7 million Americans to get the coverage they deserve.
Senators Tammy Baldwin (D-WI), Ron Wyden (D-OR) and Chuck Schumer (D-NY) also introduced this resolution in the U.S. Senate today.
The full text of the legislation can be found
here.
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