Lance Statement on Obamacare Cost-Sharing Reduction Program

WASHINGTON, D.C. — Congressman Leonard Lance (NJ-07) issued the following statement after the Trump Administration announced it was ending certain payments to insurance companies through Obamacare:

“I have long argued that funding for the cost-sharing reduction program is unconstitutional.  Under our Constitution, the power of the purse belongs to Congress and a federal court last year affirmed this view by deeming these health insurance subsidy payments illegal.  Now Congress must act and pass the Problem Solvers Caucus health care plan that I have endorsed.  It funds the cost-sharing reduction program through the congressional appropriations process and implements free-market policies to improve our health care system and lower medical and insurance costs for all.”