Critics say Collins' bill to stabilize insurance market would restrict abortion coverage
U.S. Sen. Susan Collins of Maine has joined with Republican colleagues to introduce a bill that they say aims to stabilize health insurance premiums in the individual market.
Some elements of the legislation have the backing of national insurance, physician and hospital groups. But one major sticking point is a provision that critics say would effectively eliminate abortion coverage, even in private plans.
The major components of the bill include some that may sound familiar, such as funding for cost-sharing reduction subsidies. Those are payments insurance companies get to lower co-pays and deductibles for lower-income individuals. President Donald Trump ended those payments last year — Collins’ bill would reinstate funding for three years.
Her bill would also provide $30 billion in funding over three years so states can establish high-risk pools, which help cover high medical costs for some patients.
Read more: http://bangordailynews.com/2018/03/21/politics/critics-say-collins-bill-to-stabilize-insurance-market-would-restrict-abortion-coverage/