America’s Essential Hospitals released a policy brief June 2 explaining the importance of provider-sponsored premium assistance. According to the brief, allowing providers to subsidize insurance premiums would increase opportunities for patients to gain insurance and access to continuous and coordinated care. Many low-income individuals and families are unable to afford insurance through the health insurance marketplaces (exchanges) due to the expense of premiums and high cost-sharing. The extent of this problem is magnified in states that have not expanded their Medicaid Program, as millions of low-income Americans in those states earn an income too high to qualify for Medicaid currently but too low to afford coverage in the marketplaces. Enabling these populations to gain coverage will reduce costs for the health care system, increase marketplace stability, and promote the entry of new plans and price competition in the market.
America’s Essential Hospitals believes provider-sponsored premium assistance is an opportunity to strengthen the success of the marketplaces and facilitate the availability of affordable health care for all. Please contact Xiaoyi Huang, JD, director of policy, at firstname.lastname@example.org or 202.585.0127 with questions.