A huge thank you to everyone who came out for my and Rep. Paul Friel’s town hall in Pottstown on Wednesday, co-hosted with the Pottstown chapter of the NAACP. It was invigorating to see such passionate community engagement and thoughtful, respectful debate about how the federal and state budgets impact people’s lives.
The Mercury published an article recapping the discussion.
While the event was not live-streamed, one question from the audience centered around the cost of their insurance if the federal budget does not extend the Affordable Care Act’s premium tax credits, which are set to expire this year. Premiums are expected to roughly double, on average, for the 24 million people enrolled in plans under the Affordable Care Act’s health insurance marketplaces.
My answer: The economy is very tough for everyone right now, with flat-lined salaries unable to meet the rising cost of living. When premiums go up, it is expected that healthier people will drop their insurance, and insurance companies will in turn raise premiums even more for those still insured who are more likely to get sick and need expensive health care. These premium hikes will have an especially devasting impact on our seniors.
The 496,000 customers of Pennsylvania’s healthcare marketplace, Pennie, will see their premiums rise by 21%, on average, with some rising to 38%.
What’s at stake in Pennsylvania: Just as at the federal level, Republicans in the State Senate are holding up our budget, depriving our schools, municipalities, and safety-net programs of much-needed funding. Last week, the House passed our third bipartisan state budget, yet Senate Republicans are nowhere to be found. It’s time for them to show leadership and return to the table. The people of Pennsylvania can’t afford to wait any longer.
Learn more:
https://www.pahouse.net/Ciresi/InTheNews/NewsRelease/?id=140635
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