October 13, 2017

Cortez Masto: Trump Decision to End Cost-Sharing Payments Will Hurt Working Families

Las Vegas, Nev. – U.S. Senator Catherine Cortez Masto (D-Nev.) issued the following statement in response to President Trump’s announcement that he will end cost-sharing subsidies that help American families afford health insurance:

“The president’s latest efforts to sabotage the Affordable Care Act will make it harder for tens of millions of Americans, including tens of thousands of Nevadans, to access the healthcare they need. Instead of working with Congress to lower costs and premiums, President Trump has taken steps that will further destabilize and undermine the insurance Marketplaces. Not only will the President’s spiteful and reckless actions result in skyrocketing premiums, the non-partisan Congressional Budget Office has found that it will actually increase the federal deficit by billions of dollars. I will continue to fight for a permanent legislative solution to address the instability in our healthcare market in order to ease the burden of healthcare costs on working families and expand access to healthcare services.”

Cortez Masto is a co-sponsor of legislation, the Marketplace Certainty Act, that would permanently appropriate funds for cost-sharing reduction payments and stabilize the healthcare market.