WASHINGTON, D.C. - Today, U.S. Congressman Paul A. Gosar, D.D.S. (AZ-04) released the following statement after the Supreme Court ruling in the King v. Burwell case:
Today, U.S. Congressman Paul A. Gosar, D.D.S. (AZ-04) released the following statement after the Supreme Court ruling in the King v. Burwell case:
“I am extremely disappointed by today's Supreme Court decision to uphold Obamacare subsidies in state operated exchanges. As the court itself admitted, state exchanges were excluded from subsidies. Rather than uphold the law as written, the court majority rewrote the law again effectively undercutting the rule of law. Extending subsidies will continue to cover the fact that burdensome Obamacare regulations are making health insurance more expensive for all Americans. This ensures consumers will continue to find fewer choices and lower quality healthcare while having to pay higher premiums.
“Today's decision, will not save this horrendous law that has caused premiums to skyrocket. I remain committed to repealing Obamacare in its entirety and replacing it with an affordable, free market solution that ensures all Americans have access to quality healthcare.”
Background
Congressman Gosar introduced the PRIMR Act last week which would deliver real cost savings to healthcare consumers by exempting plans in states on the federal exchange from the three most burdensome Obamacare insurance regulations: age rating restrictions, benefit mandates and minimum actuarial value requirements. This bill would lower premiums for all 21 million Americans using the federal exchanges. Read more HERE.
On average, this targeted action will save young people 44% on insurance premiums, while pre-retirees will still save 7%. In Arizona, these savings translate to more than $1,000 for young-adults and over $400 for those approaching Medicare eligibility.
The PRIMR Act is endorsed by Heritage Action. The estimated savings this Act would bring to residents in the 34 affected states can be found using the info graphic HERE.
In January of this year, Congressman Gosar introduced the Competitive Health Insurance Reform Act of 2015 which would amend the McCarran-Ferguson Act which exempted the health insurance industry from anti-trust laws. Read more HERE. This legislation would repeal a section of the McCarran-Ferguson Act of 1945, which exempted the insurance industry from the Sherman Act and the Clayton Act—acts that have the purpose of ensuring fair competition. This broad exemption was intended to assist newly established insurance companies set sustainable premiums by permitting data sharing between insurance companies.