Skip to Content

Sen. Cruz's Consumer Freedom and HSA Provisions Included in Latest Draft of Senate Health Care Bill

Issues statement on revised version of the Better Care Reconciliation Act

July 13, 2017

  |  

202-228-7561

WASHINGTON, D.C. - U.S. Sen. Ted Cruz (R-Texas) released the following statement regarding the revised version of the Better Care Reconciliation Act, introduced today by the U.S. Senate:

"For nearly five months, I have been working closely with my Senate colleagues from across the ideological spectrum to honor our commitment to voters, to provide more choices for consumers, put people in control of their healthcare, and most importantly, lower health insurance premiums.

"I am encouraged that the revised bill ensures consumers have the freedom to choose among more affordable plans that are tailored to their individual healthcare needs, and expands health savings accounts so that consumers can pay health insurance premiums on a pre-tax basis.

"This is a critical step in the right direction and I will continue to work closely with my colleagues to unite our conference around a bill that can pass, and that honors our promises and that truly lowers premiums, which is crucial to providing relief from Obamacare."

Obamacare's insurance mandates caused premiums to skyrocket. To address this problem, the Senate's bill should allow consumers to buy and issuers to sell health insurance free from Obamacare's insurance regulations, but subject to state law, while providing consumers with the choice to buy plans subject to Obamacare's insurance regulations, including preexisting conditions, with subsidies and other assistance.

Specifically, under Consumer Freedom:

• If an insurer sells a sufficient number of Obamacare-compliant plans within a rating area on a state's exchange, then that insurer may sell any other plan within that rating area that consumers desire off exchange (Freedom Plans).
• These Freedom Plans will still be subject to state insurance protections. Premiums of applicable Freedom Plans may be paid from HSAs.
• Obamacare's insurance regulations, including preexisting conditions, are maintained for on-exchange plans, and consumers have the choice to buy plans subject to these regulations on Obamacare's exchanges.
• In order to reduce costs, these on-exchange Obamacare-compliant plans will continue to receive federal premium tax credits and dedicated sources of federal stability funding.

###

 

 

Pursuant to Senate Policy, petitions, opinion polls and unsolicited mass electronic communications cannot be initiated by this office for the 60-day period immediately before the date of a primary or general election. Subscribers currently receiving electronic communications from this office who wish to unsubscribe may do so here.

Offices

Central TX

(512) 916-5834
300 E 8th
Suite 961
Austin, TX 78701
Email

 

North TX

(214) 599-8749
Lee Park Tower II
3626 N. Hall St.
Suite 410
Dallas, TX 75219
Email

Southeast TX

(713) 718-3057
The Mickey Leland Federal Building
1919 Smith Street
Suite 9047
Houston, TX 77002

Email

South/Cen. TX

(210) 340-2885
9901 IH-10W
Suite 950
San Antonio, TX 78230
Email

East TX

(903) 593-5130
305 S. Broadway
Suite 501
Tyler, TX 75702
Email

South TX

(956) 686-7339
200 S. 10th St
Suite 1603
McAllen, TX 78501
Email

West TX

Email

Washington, D.C.

(202) 224-5922
404 Russell
Washington, DC 20510
Contact

Generated in 0.33 seconds.