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FOR IMMEDIATE RELEASE: Thursday, July 28, 2022

FOR MORE INFORMATION: Sara Matthews, SMatthews@MessagePartnersPR.com, (281) 650-2961

 

STATEMENT OF ACAP CEO MARGARET A. MURRAY ON THE INFLATION REDUCTION ACT OF 2022

WASHINGTON—Today, Margaret A. Murray, CEO of the Association for Community Affiliated Plans (ACAP), issued the following statement on the Inflation Reduction Act of 2022, which would extend for three years enhanced tax-credit subsidies for people with low incomes who purchase coverage through health insurance Marketplaces:

“We applaud Congress and the President for continuing to keep Marketplace coverage affordable for another three years. Enhanced APTCs are vital to keeping the risk pool for Marketplace coverage strong and premiums low. This is a good start. “However, the bill also posed the opportunity for Congress to finish the job on three clear health policy priorities for people with low incomes – 12 months’ continuous coverage for children, extending postpartum coverage, and making CHIP funding permanent and moving it off the will-they-or-won’t-they-fund-it treadmill. These policies would have provided necessary health coverage security for children and for new parents who just delivered and would have come at comparatively low cost.

“While we are glad for the three-year support for the enhanced tax credits for Marketplace coverage, it’s hard to think of this as anything other than a missed opportunity. That said, we will continue to work with Congress and the Administration to assure stable, secure health coverage for those who need it most. “There’s more work to do. We’re ready.”

About ACAP:
ACAP represents 74 health plans, which collectively provide health coverage to more than 20 million people. Safety Net Health Plans serve their members through Medicaid, Medicare, the Children’s Health Insurance Program (CHIP), the Marketplace and other publicly sponsored health programs. For more information, visit www.communityplans.net.

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