0
0
0
s2sdefault
powered by social2s

Image of the Virginia AG Seal

Commonwealth of Virginia
Office of the Attorney General

Mark Herring
Attorney General

202 North Ninth Street
Richmond, Virginia 23219

 

For media inquiries only, contact:  
Lara Sisselman, Press Secretary
Phone: (804)786-1022 
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

STATEMENT OF ATTORNEY GENERAL MARK R. HERRING

~ On President Trump's decision to intentionally destabilize insurance markets by cancelling CSR payments ~

RICHMOND (October 13, 2017)-Attorney General Mark R. Herring issued the following statement on President Trump's decision to end "cost-sharing reduction payments" (CSRs) that help millions of low-income Americans afford healthcare. In 2016, approximately 242,000 Virginians purchased plans that included a CSR.

 

"President Trump's decision is a heartless, lawless move that will cause premiums to spike for low-income Americans, hurt the most vulnerable among us, and destabilize insurance markets around the country. This move is based on pettiness and spite rather than the law, sound policy, or the best interests of Americans. It is shameful that the American people, attorneys general, and governors around the country have to fight our own president just to protect our access to healthcare.

"I stepped up to defend the CSR payments because I feared that this sort of reckless decision was possible from President Trump. I've been in touch with Governor McAuliffe and colleagues around the country who are just as concerned about this irresponsible decision and committed to protecting our citizens' access to affordable healthcare. We are currently examining all of the Commonwealth's legal options and intend to stand up to defend Virginians' access to affordable, quality healthcare."

 

In August, Attorney General Herring intervened in House v. Price to defend the payment of the CSRs, which help millions of Americans afford healthcare.

In their motion to intervene, Attorney General Herring and the other intervening attorneys general lay out the stakes of this case, and the impact of the termination of CSRs:

"The loss of funds and financial uncertainty threatened by this case would lead at least to higher health insurance costs for consumers, and more likely to many insurers abandoning the individual health insurance market. The number of uninsured Americans would go back up, hurting vulnerable individuals and directly burdening the States. The wrong decision could trigger the very system-wide "death spirals" that central ACA features, such as stable financing, were designed to avoid...These concerns are concrete and immediate. Insurers are currently deciding whether to participate in ACA Exchanges in 2018. Some have already withdrawn because of uncertainty over funding for cost-sharing reduction payments, and others are threatening to follow suit. Meanwhile, the President has increasingly made clear that he views decisions about providing access to health insurance for millions of Americans-including the decision whether to continue defending this appeal-as little more than political bargaining chips. The States and their residents cannot continue to rely on the Executive Branch to represent them in this appeal."

 

# # #