In a letter to President Donald Trump, several payer advocate groups urged President Trump to continue funding for the ACA's cost sharing reductions.
Here's what you should know.
1. The payer advocate group said the funding would stabilize the individual insurance markets for 2017 and 2018.
2. If the government eliminates the funding, the payers believe consumer choice would be drastically limited.
3. The payers argue eliminating CSRs will cause premiums to spike.
4. The advocate groups conclude by saying, "Time is short and action is needed. By working together, we can create effective, market-based solutions that best serve the American people."