Senator Hassan: “President Trump is Cruelly and Intentionally Raising Health Care Costs for Millions of Americans”

WASHINGTON – Senator Maggie Hassan released the following statement on President Trump’s decision to halt payments for cost-sharing reductions, which the non-partisan Congressional Budget Office estimated would lead to higher insurance premiums and raise the federal deficit.

“By deciding to stop payments for so-called cost-sharing reductions – which help lower deductibles, co-pays, and other out-of-pocket expenses – President Trump is cruelly and intentionally raising health care costs for millions of Americans. The non-partisan Congressional Budget Office found that stopping these payments would cause health insurance premiums to skyrocket for millions of Americans while also ballooning the federal deficit, yet the President moved forward with this plan out of political spite. I have pushed for months to get Congress to act to provide certainty around these payments and help block the Trump Administration’s blatant sabotage attempts, and now is the time to finally stop this madness.”

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