Moderates have doubts about their leadership’s promises that the innovation fund will be enough to help people likely to lose health coverage after the generous federal subsidy for Medicaid expansion phases out by the end of 2024.
Collins told reporters that leaders appeared to be double- and triple-counting to address various concerns raised by colleagues.
“It seems to me you’re using that money over and over again,” she said, according to Talking Points Memo. “It’s supposed to relieve the cost of high premiums. It’s supposed to solve the problem with deductibles being unaffordable. It’s supposed to be available for high-risk or reinsurance pool. It’s supposed to be available under the Cruz Amendment to help prevent a huge increase in rates for people with pre-existing conditions.”
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