PRESS RELEASE: ICYMI: 14 Governors Urge Congress to Avert ‘Disastrous’ Obamacare Premium Hikes 

FOR IMMEDIATE RELEASE 
June 30, 2022

Contact: 
Jack Miller, Communications Director
jack@investinamericanow.com

ICYMI: 14 Governors Urge Congress to Avert ‘Disastrous’ Obamacare Premium Hikes 

In Case You Missed It – Fourteen U.S. Governors wrote a letter to Congress urging the House and Senate to avert a “disastrous” hike on Affordable Care Act premiums if subsidies are not renewed. The letter was signed by Governors from some of the largest states, including California, New York, Pennsylvania, Illinois, North Carolina, and New Jersey, among others.

The Governors say: “The [American Rescue Plan] greatly improved health insurance affordability to ensure lifesaving healthcare is accessible to all Americans. We urge you to take action immediately to make the ARP expanded subsidies permanent to prevent a disastrous erosion of health insurance coverage.”

Read the full letter here

Read coverage from The Hill here

KEY QUOTES:

  • Since the beginning of the pandemic, we have seen the tragic impact of disease and illness among the uninsured and underinsured, particularly in communities of color and other underserved populations. As we have experienced during the COVID-19 pandemic, access to affordable health insurance can sometimes mean the difference between life or death.

  • We applaud Congress for the passage of the American Rescue Plan Act of 2021… The ARP’s expansion of subsidies, along with the Biden Administration’s investment in marketing and enrollment support, led to a record high 14.5 million people signing up for ACA coverage during the most recent open enrollment period, a 21 percent increase from the prior year.

  • Unfortunately, the ARP-expanded subsidy eligibility is set to expire at the end of the current plan year, leaving consumers exposed to dramatic premium increases, and threatening the progress we have made.

  • Healthcare is a right—not a privilege. The ARP greatly improved health insurance affordability to ensure lifesaving healthcare is accessible to all Americans. We urge you to take action immediately to make the ARP expanded subsidies permanent to prevent a disastrous erosion of health insurance coverage.

About Invest in America

Invest In America is a national rapid response operation advocating for robust public investment to rescue the economy from the COVID crisis and create prosperity for the future, and to fight back against fear-mongers who use deficit concerns as a scapegoat to starve American communities and businesses of resources.

The operation consists of two components: Invest in America, the charitable and public education arm, which is a fiscally sponsored project of Economic Security Project funded by the William and Flora Hewlett Foundation and Economic Security Project co-chair Chris Hughes; and Invest in America Action, the advocacy and social welfare arm, which is a fiscally sponsored project of Economic Security Project Action funded by Chris Hughes and the Omidyar Network.

Learn more at InvestInAmericaNow.com and @InvestNowUSA, and InvestinAmericaProject.com.

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