[Congressional Record Volume 163, Number 102 (Thursday, June 15, 2017)]
[Senate]
[Pages S3528-S3529]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
Individual Health Insurance Marketplace Improvement Act
Mr. KAINE. Madam President, I rise to speak about the ongoing debate
in the body concerning the next chapter in healthcare and what we can
do about it together and, especially, to address one part of the
healthcare market--the individual market.
As most know--and this has been an item about which we are deep into
discussions, the people and the Members of this body--before the
passage of the Affordable Care Act, Americans with preexisting
conditions faced unfair barriers to accessing health insurance
coverage, and healthcare costs had risen rapidly. Prior to the passage
of the Affordable Care Act, my own family, which is probably like the
healthiest family in America because the five of us have only had three
hospitalizations for three childbirths--all for my wife--we had twice
been turned down for insurance coverage for at least one member of our
family because of preexisting conditions.
Since 2010, the rate of uninsured Americans has declined to a
historic low. More than 20 million Americans have gained access to
health insurance coverage--many for the first time in their lives. In
Virginia, over 410,000 Virginians have accessed care on the individual
marketplace and another 400,000 would be eligible if Virginia decided
to expand Medicaid.
Many Virginians use the individual market, and they have shared their
stories with me on my website. I have on my Senate website ``ACA
Stories,'' where I encourage people to share their stories.
The individual marketplace, as folks know, is if you are buying
health insurance, not through an employer, and you are buying
individually--you may or may not be qualified for a subsidy--that
particular marketplace is really important for people who aren't
employed by companies that offer group plans, but it also has its
challenges.
One of my stories was from Lauren Carter, who lives in Lovingston,
VA, in Nelson County. She wrote in to say:
My 39-year-old son has cerebral palsy and a blood clotting
disorder. His ``pre-existing conditions'' started at
conception. Three years ago, he lost his full time job with
health insurance benefits.
The ACA allows him to continue receiving medical care and
purchase his life saving medications. He supports himself
through multiple part time jobs--
This young man with cerebral palsy--
employer based insurance is not an option for him at this
time.
Laura Kreynus from Mechanicsville, VA, near Richmond wrote:
My daughter was diagnosed with Crohn's Disease in April of
2013. That September, my husband was diagnosed with
Parkinson's Disease. We are farmers, we raise the food for
America. As such, we are independently insured.
[[Page S3529]]
They have no large employer to cover them.
Prior to finding a plan through the ACA in January 2015,
our monthly insurance premiums were to increase to nearly
$3,000 a month . . . yes, each MONTH! On top of that, our
health insurance had an annual cap on prescription coverage
of $5,000. The Humira that my daughter takes to combat her
Crohn's Disease retails for $3,800 a month, and that is not
the only medication she requires. So basically, after one
month, we reached the prescription coverage cap, meaning we
would have to pay $3,800 a month for medication on top of
$3,000 a month premiums. Who has an extra $6,800 a month to
pay for this? That is way more than we earn monthly as
farmers.
With the health insurance plan we got through the ACA, our
premiums for 2015 were $1,500 a month, less than half of what
we would have been paying under the previous plan. But the
real saving grace was no prescription cap, so my daughter's
medications are covered with a copay after we reach the
deductible. This is still a lot of money, but at least we can
treat our daughter's disease and hopefully keep her healthy.
And even though our premiums have gone up to nearly $2,000 a
month from $1,500 a month under the ACA, at least we can
still have insurance.
For families like Lauren's and Laura's, the individual marketplace is
critical. But like Laura said, premiums are frequently too high. You
have to have robust enrollment, competition, and certainty for premiums
to come down.
Unfortunately, there has been increasing uncertainty in the
individual market due to actions taken by the current administration.
On January 20, 2017, President Trump signed an Executive order
directing relevant agencies not to enforce key provisions of the
Affordable Care Act. Later in January, the administration terminated
components of outreach and enrollment spending, including advertising
to encourage people to enroll in the individual marketplace.
The administration has also repeatedly threatened to end cost-sharing
reduction payments, which reduce costs for approximately 6 million
people with incomes below 250 percent of the poverty level. These
actions, these statements, these inactions, and this uncertainty have
created uncertainty in the individual marketplace, leading to
instability for insurance carriers, higher premiums, and reduced
competition.
In Virginia, we have seen Aetna and United leave the individual
marketplace, and they have cited this uncertainty created by this
administration as the principal reason. In other States, there are
counties that are at risk to have no insurers offering coverage on the
marketplace in particular States or sometimes in regions in the States.
So this is a problem we can address, and we don't have to repeal the
Affordable Care Act to do it. We just need to improve the Affordable
Care Act, using a tool that has had bipartisan support in this body for
some time.
So yesterday Senator Carper and I introduced the Individual Health
Insurance Marketplace Improvement Act, and I want to thank the other
original cosponsors of the bill: Senators Nelson, Shaheen, and Hassan.
One way to address uncertainty is to use a common insurance tool,
reinsurance--a permanent reinsurance program to help stabilize premiums
and increase competition. The Affordable Care Act originally had a
reinsurance program. It was temporary. It lasted for the first 3 years
of the program, and it did hold premiums down. What we would do is that
we would take that idea, which worked, and we would make it permanent.
We would make it permanent and modeled after a very successful and
bipartisan program: Medicare Part D. Medicare Part D provides a
prescription drug benefit for seniors. It was passed with bipartisan
support during the administration of President George W. Bush, now more
than a decade ago, and the reinsurance program has helped hold down
costs.
This reinsurance program would provide funding to offset larger than
expected insurance claims for health insurance companies participating
in State and Federal marketplaces. It would encourage them to offer
more plans in a greater number of markets, thereby improving
competition and driving down costs for patients and families.
Basically, if reinsurance can cover high costs, an insurance company
will know it has a backstop, which gives it a measure of stability, and
also can set premiums at a more reasonable level for everyone.
The bill would also do one other thing that is important. It would
provide $500 million a year from 2018 to 2020 to help States improve
outreach and enrollment for the health insurance marketplaces,
especially to draw in new members and educate the public--especially
young people who are maybe moving just past their 26th birthdays and
can no longer be contained on family policies--about the need to be
insured. The outreach funding prioritizes counties where there are
limited insurers left in the marketplace.
This is not the only improvement that is needed for our healthcare
system. We need to do more to keep costs down, figure out a way to have
prescription drugs be more affordable, and we can certainly use
technology and data to drive better health outcomes, but this is a fix.
It is a fix of an important part of our system, the individual market.
It is a fix using an idea that has already worked and has already
compelled the support of both Democrats and Republicans--reinsurance in
Medicare Part D. This should be something Democrats and Republicans can
agree to.
My worry is that we are participating now in a secretive effort to
write a healthcare bill behind closed doors and possibly put it on the
floor for a vote without hearing from a single patient, without hearing
from a single provider, a hospital, a business that has a hard time
buying insurance for its employees, an insurance company, or
pharmaceutical company.
We ought to be debating these bills in the world's greatest
deliberative body and proposing amendments and hearing from
stakeholders and then doing the best job we can when we are dealing
with the most important expenditure that anybody ever makes in their
life, healthcare. Healthcare is also one of the largest segments of the
American economy, one-sixth of the economy. Why would we want to pass a
bill in secret?
Senator Carper, my colleagues, and I have introduced this bill as a
good faith effort to say what I actually said when I first got on the
HELP Committee in early January of 2015. There is a huge group of us
just waiting for the door to open so that we can have a meaningful
discussion about moving our system forward, and I believe this bill
could be a very good part of stabilizing and improving the individual
market and bringing relief to many Americans.
With that, I yield the floor.
I suggest the absence of a quorum.
The PRESIDING OFFICER (Mr. Sasse). The clerk will call the roll.
The senior assistant legislative clerk proceeded to call the roll.
Mr. PETERS. Mr. President, I ask unanimous consent that the order for
the quorum call be rescinded.
The PRESIDING OFFICER. Without objection, it is so ordered.