Reps. Kim and Fitzpatrick Introduce Bipartisan Laws to
Assist States Decrease Well being Care Prices
WASHINGTON, DC – Right now, Congressman Andy Kim (NJ-03) and Congressman Brian Fitzpatrick (PA-01) introduced the introduction of the bipartisan State Allowance for a Number of Exchanges Act of 2021, or SAVE Act. The invoice, which will probably be discussed tomorrow in a hearing of the House Committee on Energy and Commerce, would authorize grants for states to determine and run state-based exchanges by way of the Inexpensive Care Act.
“The COVID-19 pandemic has been a stark reminder of the significance of high quality, reasonably priced well being care,” stated Congressman Kim. “We will obtain this by coming collectively in a bipartisan technique to strengthen packages that work. We all know that state-based exchanges usually end in decrease prices and higher protection, and by passing the SAVE Act, we are able to ensure that these financial savings are handed all the way down to our neighbors who want the assistance now. I’m proud to work alongside Congressman Fitzpatrick to introduce this invoice and look ahead to having it taken up in committee.”
The SAVE Act was initially launched by Congressmen Kim and Fitzpatrick through the 116th Congress and was passed through the House, however not the Senate. For the reason that invoice’s authentic introduction, each New Jersey and Pennsylvania have launched state-based exchanges. The invoice has been up to date to help states which have launched exchanges since 2019. Each New Jersey and Pennsylvania could be eligible for help.
A recent report by the Robert Wood Johnson Foundation and the Urban Institute exhibits that state-based exchanges can function “higher and cheaper” permitting state officers to “direct cost-savings to packages that can profit policyholders and develop protection.”
“Now, greater than ever, through the well being pandemic, it’s important that we guarantee all households in our communities have entry to the care they want. Proper now, with our bipartisan SAVE Act, we have the chance to make wanted reforms to decrease prices and enhance entry to well being look after all members of our group. With skyrocketing premiums within the federal market, state-based exchanges have confirmed to be simpler at rising the speed of protection and decreasing prices,” stated Congressman Fitzpatrick. “Our bipartisan laws will present states with an elevated variety of choices and assure that households in Pennsylvania, and throughout our nation, have entry to the required care to steer full, wholesome lives.”
The total textual content of the invoice may be discovered by clicking here.
Congressman Kim is a member of the Home Armed Providers Committee, the Home International Affairs Committee and the Home Committee on Small Enterprise. Extra details about Congressman Kim may be discovered on his web site by clicking here.
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