En español | WASHINGTON, DC—Today AARP Executive Vice President Nancy LeaMond released the following statement in response to the Trump Administration’s announcement that ACA cost-sharing reduction (CSR) payments will be discontinued immediately:
“AARP strongly opposes the Trump Administration’s decision to stop paying the cost-sharing reductions. CSRs provide critical financial help for nearly 6 million people with modest incomes, including for more than 2 million older Americans, to afford the health insurance they need. Discontinuing these subsidies will further destabilize the insurance marketplace, significantly increase families’ premiums, and cause people to lose coverage.
“We continue to urge Congress to focus on bipartisan, commonsense solutions to stabilize the Affordable Care Act insurance marketplace, lower costs and increase coverage. We support the open, transparent efforts by Senators Alexander and Murray. All Americans need and deserve care and coverage they can count on as they age. AARP will continue to inform our 38 million members on how health care decisions from the Administration and Congress affect them and their families.”
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AARP is the nation’s largest nonprofit, nonpartisan organization dedicated to empowering Americans 50 and older to choose how they live as they age. With nearly 38 million members and offices in every state, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands, AARP works to strengthen communities and advocate for what matters most to families with a focus on health security, financial stability and personal fulfillment. AARP also works for individuals in the marketplace by sparking new solutions and allowing carefully chosen, high-quality products and services to carry the AARP name. As a trusted source for news and information, AARP produces the nation's largest circulation publications, AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org or follow @AARP and @AARPadvocates on social media.