15 states take a stand to maintain ACA cost-sharing subsidies

Fifteen states filed a lawsuit to preserve the ACA's cost-sharing subsidies aiming to stabilize the insurance marketplace, according to the Los Angeles Times.

Here's what you should note:

1. The states involved in the filing include California, New York, Connecticut, Delaware, Hawaii, Illinois, Iowa, Kentucky, Maryland, Massachusetts, Minnesota, New Mexico, Pennsylvania, Vermont and Washington. Washington, D.C. also filed the suit.

2. California Attorney General Xavier Becerr, JD, filed the suit that aims to defend the ACA.

He said the following when addressing a crowd at Los Angeles-based St. John's Well Child and Family Center, "We will stand up for your rights. If your child gets sick, if you find out you have cancer, if you need that medicine, you'll be able to go get it," according to Los Angeles Times.

3. The suit also attempts to stabilize the payer marketplace as many insurers are considering dropping plans in the wave of such uncertainty.

4. Aetna said it is considering pulling its individual and small-group health insurance plans in New Jersey, leaving thousands without coverage.

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