The American Gastroenterological Association released a statement in support of the bipartisan ACA individual market stabilization bill created by Lamar Alexander, R-Tenn., and Patty Murray, D-Wash.
Here's what you should know:
1. The proposal would stabilize the individual insurance market and provide payers with cost-sharing reduction payments for two years.
2. The payments offset payer costs related to covering high-risk individuals.
3. The agreement has 24 cosponsors equally split between parties. This is the first such healthcare proposal the AGA has supported.
4. The AGA said of the bill, "This agreement, although not perfect, is the first step in stabilizing the individual market and ensuring that people can continue to have access to health care."
5. The bill covers five key areas:
- CSR Payments
- State flexibility for 1332 waivers
- Restored advertising and outreach funding
- Expanded catastrophic coverage plan access
- Interstate compact regulations
6. The AGA recommends its members contact their legislators to show support for the bill.