Congressman Dan Kildee (MI-05), Congressman John Conyers (MI-13), Congressman Sander Levin (MI-09), Congresswoman Debbie Dingell (MI-12) and Congresswoman Brenda Lawrence (MI-14) issued the following statement today before the state of Michigan is set to approve health care premium rate increases. Due to President Trump's lack of support of cost-sharing reduction (CSR) payments to insurance companies and resulting uncertainty in the marketplace, insurance companies are requesting even higher rate increases. According to media reports, insurance companies are raising health care prices without the President's guarantee that CSR payments will continue:
"It is unfortunate that President Trump's actions are pushing health insurance premiums higher in Michigan. By threatening cost-sharing payments that help to lower premiums for Michigan families, the President is actively undermining our health care system and causing instability in the marketplace. President Trump's premium increases will affect hundreds of thousands of Michiganders, who in some cases may see nearly 60 percent year-over-year increases in the cost of premiums.
"As Democrats, we are ready and willing to work with Republicans to lower the costs of health care and prescription drugs. Republicans must drop their efforts to repeal the law and instead come back to the table to find bipartisan improvements to our health care system."