Blumenthal Welcomes Agreement to Restore Cost-Sharing-Reduction Payments

[WASHINGTON, DC] – U.S. Senator Richard Blumenthal (D-CT) welcomed an agreement – announced today in principle – to fund two years of cost-sharing reduction subsidies. Blumenthal applauded the bipartisan negotiations led by the Chairman and Ranking Member of the Senate Health, Education, Labor and Pensions Committee, U.S. Senators Lamar Alexander (R-TN) and Patty Murray (D-WA).

“This bipartisan agreement is a victory for American patients and consumers, showing how we can work together across party lines. Extending payments for critical healthcare subsidies ensures that countless Americans will retain access to their healthcare, in spite of the President’s repeated attempts to sabotage insurance markets,” Blumenthal said. “This agreement is not a long-term solution but it is a promising step forward after months of partisan attempts to sabotage the American healthcare system. Senator McConnell must now bring this agreement to the Senate Floor for immediate consideration and a vote.”