This week, President
Trump signed an executive order to allow the purchase of health
insurance across state lines while easing some of the restrictions set
by the Affordable Care Act (ACA) – also known as Obamacare – so patients
can shop for coverage they can afford. State Street in Bristol perfectly
illustrates why restrictions on purchasing coverage from another state
make no sense –Tennesseans can’t purchase health insurance from a
business on the other side of the street. I thank President Trump for
working to ensure Tennesseans have access to more affordable health
insurance.
The president’s executive action will pave the way for allowing small
businesses to band together to purchase insurance through association
health plans while protecting self-insured plans from government
regulation. These changes will help spur competition to lower health
care costs by enabling small businesses to pool together and exercise
the same buying power as large corporations. Furthermore, this executive
order will allow the sale of short-term health insurance policies, which
are currently banned under Obamacare.
Just last week, the House Committee on Ways and Means passed my
bipartisan legislation to repeal the Independent Payment Advisory Board
(IPAB), which is among the worst provisions in Obamacare. The IPAB is an
unelected, unaccountable board of 15 bureaucrats with sweeping powers to
change Medicare – its negative effects could reduce seniors’ access to
care in an effort to cut Medicare spending. There is still bipartisan
concern about many aspects of the ACA, and I believe it is imperative we
get rid of one of the worst features of this law before arbitrary cuts
are implemented that harm seniors’ access to care.
While these reforms are positive and long overdue, Congress still has a
responsibility to repeal and replace Obamacare. In May, the House of
Representatives passed the American Health Care Act (AHCA), which would
replace Obamacare with patient-centered, free-market reforms. These
reforms – which expanded access to health savings accounts, reduced
burdensome regulations that drove up the cost of health insurance, and
reformed our broken Medicaid system – would have given more choice to
consumers and would have led to more affordable health care.
Unfortunately, the Senate has repeatedly failed to pass a health care
plan. Failing to act is not an option. Tennesseans are all too familiar
with the failures of Obamacare as we’ve seen options for coverage
dwindle while costs have skyrocketed year after year. This summer,
Tennessee insurers requested double-digit premium increases for
Obamacare plans in 2018 following skyrocketing rate increases for 2017,
and – had it not been for BlueCross BlueShield re-entering the Knoxville
market – a quarter of the counties in my district would have had no
options for coverage under the exchange for the upcoming year.
I’m thankful President Trump is continuing to press forward working
towards improving our health care system. I’m also glad to report the
House is continuing our efforts to protect Americans from the failures
of Obamacare. Seven years later, the fact remains that the only thing
bipartisan about Obamacare is its opposition.
As always, feel free to contact my office if I can be of assistance to
you or your family. |
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