Commentary: Congress can deliver on its promise with a federal reinsurance program

Modern Healthcare

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When Americans are asked what issue is most important to them, healthcare continues to top the charts. The 116th Congress is dominated by lawmakers who pledged last fall to make healthcare more affordable.

Late last month, Rep. Angie Craig (D-Minn.) introduced the State Health Care Premium Reduction Act to lower health insurance premiums in the individual market. Craig has said she supports stabilizing the individual marketplace with bipartisan ideas such as a federal reinsurance program. In fact, the House Energy and Commerce Committee has set a hearing on a federal reinsurance program this week.