Press Briefing Call - CA Impacts on Cost-Sharing Reductions

<p><b>PRESS BRIEFING CALL TODAY, FRIDAY, October 13th, at 1:00PM on CA impacts/actions with speakers from Consumers Union, Small Business Majority, Health AccessCalifornia, and others. CALL #: <a href="" target="_blank">866-906-7447</a>; CODE: 9174075</b></p>

<p>SACRAMENTO, CA—California policymakers are having to make extraordinary efforts to protect patients and our health system from sabotage by the Trump Administration. Key healthpolicy experts from Consumers Union, Health Access California, and Small Business Majority will be hosting a <b>press briefing call TODAY, Friday, October 12th, at 1pm</b> to detail the California impacts and action to respond to these attacks, and call for continued state action to protect patients.The call-in number is <a href="" target="_blank">866-906-7447</a>; the code is 9174075.</p>

<p>The latest and most shocking administrative attack was last night’s announcement that the White House is withholding funding for <b>cost-sharing reductions</b> (CSRs),which have already been budgeted and contracted for. Health insurers are forced to make up the more than $7 billion/year (over $600 million in California) with additional double-digit premium hikes because of the Trump Administration reneged on these subsidy payments, which helps consumers with incomes under 250% of the federal poverty level to afford out-of-pocket costs such as deductibles, coinsurance and copayments.</p>

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