[Congressional Record Volume 164, Number 73 (Monday, May 7, 2018)]
[Senate]
[Pages S2506-S2507]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
HEALTHCARE
Mr. SCHUMER. Mr. President, 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
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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 Republicans in Congress repealed the healthcare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. Former HHS Secretary Tom Price said he ``believes that
[repealing the individual mandate] actually will harm the pool in the
exchange market, and consequently, that drives up the cost for other
folks.''
This is not Chuck Schumer, a Democrat; this is the Republican former
Congressman, the Republican-appointed HHS Secretary saying that
Republican acts are causing premiums to go up.
The sabotage doesn't end there. As we speak, the Trump administration
is finalizing a rule that would expand the availability of junk
insurance plans that would force higher premiums on people with
preexisting conditions, impose an ``age tax'' on older Americans, and
once again could subject Americans to the devastating effects of
medical bankruptcy.
Make no mistake, all of this sabotage by Republicans has
consequences. TrumpCare is already heralding double-digit premium
increases in States across the country. The rates in Virginia are bad,
and the rates in Maryland may be worse. Maryland insurance companies
are announcing 2019 rates today, and one PPO plan is asking for a 91-
percent increase--91 percent.
For the sake of a political vendetta--again, the hard right: Repeal
ObamaCare; show it doesn't work--Republicans are taking it out on
millions of American families by making the rates higher to prove a
political point so that Donald Trump can do a few more tweets. It is
not going to stick. It is not going to work. The American people know
who is in charge. The Republicans have the Presidency, the House, and
the Senate. The buck stops there when the rates go up.
President Trump and Republicans promised Americans a better, cheaper
healthcare system. Remember, President Trump said that he is going to
``take care of everybody''--those are his words--and deliver
``healthcare that is far less expensive and far better.'' President
Trump simply has not delivered. President Trump talked and talked and
talked about making healthcare better and cheaper as he ran and while
he has been President, but in every respect he has failed to deliver.
In every respect he has made the problem worse.
Simply put, President Trump has dropped the ball on healthcare, and
the public knows it.
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