With only weeks before the exchanges open for business again, Washington has one more chance to take clear action to bring down premiums and help millions of American families.
As a Republican former Senate majority leader and a political appointee in the Obama administration, we have seen firsthand the impact partisanship can have on American families. Millions have benefited from the Affordable Care Act, gaining the security and consumer protections that come from insurance coverage. But at the same time, growing premiums and deductibles and limited competition burden patients in many parts of the country.
It doesn’t have to be that way — so long as Congress can work together and act this month. We recently gathered a group of Democrats and Republicans at the Bipartisan Policy Center — both advocates and critics of the Affordable Care Act — to develop a set of concrete recommendations to address the cost of insurance premiums.
We developed five recommendations that could stabilize the individual health insurance market.