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Jul 13, 2017

Tester Bill Brings Certainty to Health Insurance Markets

Senator: Businesses and Families Need Certainty, and This Bill Delivers

(U.S. Senate) - U.S. Senator Jon Tester is sponsoring legislation to bring certainty to Montana businesses, families, and insurance companies.

Following Montana's insurance rate filings earlier this week, Tester sponsored the Marketplace Certainty Act to ensure the U.S. Department of Health and Human Services stabilizes health insurance markets by making cost-sharing reduction (CSR) payments. CSR payments help lower out-of-pocket costs for consumers.

"Washington should not be trying to destabilize Montana's insurance market," Tester said. "I've heard time and time again: businesses and families need certainty. This legislation will give Montana insurers the certainty they need to avoid unnecessary insurance rate hikes for the individual marketplace in Montana."

Montana insurance companies and the Montana Chamber of Commerce support continued CSR payments.

Earlier this month, Tester sent letters to Insurance Commissioner Matt Rosendale and Montana insurance companies urging more transparency as they file their rates for the coming year.

PacificSource and the Montana Health CO-OP filed single-digit rate increases under the assumption that CSR payments would continue. Blue Cross Blue Shield filed a double-digit rate increase due to the uncertainty caused by the Administration and the unpopular Better Care Reconciliation Act.

"Montanans deserve to know why their insurance rates are going up," Tester said. "We are seeing it right here in Montana, the uncertainty caused by this Administration and Congress is forcing Montana's insurers to dramatically raise rates-Congress needs to be working together to stop this."

The Marketplace Certainty Act can be found HERE.

 

Office Contact Information

Senator Tester's Montana staff serves the state from offices in Billings, Bozeman, Butte, Great Falls, Helena, Kalispell, and Missoula. Please bring your concerns with federal agencies, academy nominations, and other situations to one of these Montana offices.

Billings

Judge Jameson Federal Building
2900 4th Ave N, Suite 201
Billings, MT 59101
Phone: (406) 252-0550
Fax: (406) 252-7768

Bozeman

Avant Courier Building
1 E Main Street, Suite 202
Bozeman, MT 59715
Phone: (406) 586-4450
Fax: (406) 586-7647

Butte

Silver Bow Center
125 W Granite, Suite 200
Butte, MT 59701
Phone: (406) 723-3277
Fax: (406) 782-4717

Great Falls

119 1st Avenue N, Suite 102
Great Falls, MT 59401
Phone: (406) 452-9585
Fax: (406) 452-9586

Helena

Capital One Center
208 N Montana Avenue, Suite 202
Helena, MT 59601
Phone: (406) 449-5401
Fax: (406) 449-5462

Kalispell

8 Third Street E
Kalispell, MT 59901
Phone: (406) 257-3360
Fax: (406) 257-3974

Missoula

130 W Front St.
Missoula, MT 59802
Phone: (406) 728-3003
Fax: (406) 728-2193

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