Ted Deutch (FL-22) issued the following statement in response to President Trump’s decision to end cost-sharing reduction payments, a fundamental component of the Affordable Care Act to reduce Americans' healthcare costs:
“The President is actively working to hurt American families, and add $194 billion to the deficit to make a political point. The President’s targets today are millions of Americans who depend on these subsidies to get access to care, and the millions more of hard working middle-class families whose premiums will increase as a direct result of the President’s action.
"According to the nonpartisan Congressional Budget Office, this move will leave one million Americans without health insurance next year, and will lead to an additional 20 percent increase in premiums for most Americans. On top of this, many insurance companies will leave markets entirely, leaving an estimated five percent of current enrollees with no insurance options in their area.
"Less than three weeks away from open enrollment under the Affordable Care Act, President Trump has shown that he has no idea what it is like for the millions of Americans with ongoing, expensive health needs and an uncertain future.
"As with prior attempts to repeal the Affordable Care Act in Congress, the President's executive order will jeopardize access to care for cancer patients, children born with congenital diseases, expecting mothers, and ailing seniors.
"Congress should act quickly, in a bipartisan manner, to protect the progress we’ve made toward helping more Americans afford healthcare and working to expand access to all Americans. The President's executive order and the Ryan-McConnell efforts in Congress make the work ahead so much more difficult."
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