Statement of ACAP CEO Margaret A. Murray on Proposed Federal Budget for FY2025

FOR IMMEDIATE RELEASE:      Thursday, March 11, 2024

FOR MORE INFORMATION:      Jeff Van Ness; jvanness@communityplans.net, (202) 204-7515

 

STATEMENT OF ACAP CEO MARGARET A. MURRAY
ON PROPOSED FEDERAL BUDGET FOR FY2025

WASHINGTON—Margaret A. Murray, CEO of the Association for Community Affiliated Plans (ACAP), issued the following statement on the budget proposed today by President Biden, which proposes allowing states to allow for continuous enrollment in Medicaid and CHIP for children up to age 6, extend redetermination periods to up to 36 months, and also proposes to make permanent enhancements to advance premium tax credit (APTC) subsidies for people with low incomes who purchase coverage through health insurance Marketplaces:

“We emphatically support the President’s proposal to enhance the stability of Medicaid and CHIP coverage by allowing states to offer continuous enrollment in the programs for children up to the age of six and requiring redeterminations no more than once every three years for families covered by Medicaid and CHIP.

“We’re seeing millions of children administratively disenrolled as a result of the Medicaid unwinding. We owe it to our kids to make sure they have coverage and access to the care they need, especially early in life.”

“We’re also pleased that President Biden would make the enhanced APTC subsidies permanent. It doesn’t take an economist to draw a straight line between lower premiums and fewer people uninsured – it’s no coincidence that the proportion of uninsured is at a record low. Keeping the enhanced tax credits in place is a wise investment.

“These two proposals help make publicly-sponsored coverage programs more affordable and coverage we all can count on. We are proud to support them both.”

About ACAP:
ACAP represents 79 health plans, which collectively provide health coverage to more than 25 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.

# # #