Hatch warns lawmakers to avoid ‘bailout’ of ACA in health reform efforts

13 Sep , 2017 World

SALT LAKE CITY — Sen. Orrin Hatch decried desires from some members of Congress to provide a “bailout” for the Affordable Care Act in a speech Tuesday to the Senate Finance Committee.

Hatch, who chairs that committee, told his colleagues in remarks delivered in the U.S. Capitol that “an Obamacare bailout that is not accompanied by real reforms would be inadvisable.”

“At this point, it’s pretty clear that the parties will need to work together if any of this is going to improve,” said Hatch, R-Utah. “That said, I am concerned that many of the proposals for a bipartisan solution would amount to little more than a bailout of the current system. This, in my view, would be a mistake.”

Hatch specifically questioned whether only ensuring the payment of cost-sharing subsidies would be enough to keep monthly health insurance premiums down.

“If we simply throw money into the system to maintain cost-sharing subsidies or make payments to insurers, without fixing any of the underlying problems, we would just be setting up yet another cliff, and likely another partisan showdown, in the future,” the senator said.

“Even worse, we wouldn’t be helping to reduce premiums or increase insurance options for the vast majority of middle class …read more

Source:: Deseret News – U.S. & World News

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