On the recordMay 7, 2018
on the subject of healthcare, last week, insurance companies in the State of Virginia announced that health insurance premiums would be much higher this coming year. More than 100,000 Virginians who rely on these plans are staring at a proposed 2019 premium that will be 15 percent or 27 percent or 64 percent higher, depending on which insurer they use. In filing their rates, the health insurers are pointing to the actions of the Trump administration and congressional Republicans as major reasons for the premium increases. The Trump administration and our Republican friends in Congress are the reason these premiums are going up, according to insurers. They suggest that is one of the reasons. Remember, President Trump canceled payments for the cost-sharing program, which reduces premiums and out-of-pocket expenses for low- income Americans. Republicans in Congress repealed the healthcare coverage requirement, which the CBO itself predicted would raise premiums by 10 percent more each year than they would otherwise be and result in millions more people without insurance. Sometimes our Republican colleagues make a mistake and speak the truth and admit that they are to blame in good part for these premium increases.…





