DENVER — Friday, Oct. 13, 2017 — Gov. Hickenlooper issued the following statement on the President’s move to end cost sharing reduction payments to insurance companies.

"Cutting the cost sharing reduction payments is cruel and irresponsible. Beyond the 45,000 Coloradans who rely on this program to make insurance more affordable, hundreds of thousands of Coloradans will see their premiums increase even more. It threatens coverage for Coloradans with chronic diseases or disabilities, potentially putting health care out of reach for those who need it the most.

“I’ve asked Lt. Gov. Donna Lynne and Insurance Commissioner Marguerite Salazar to ensure that access to care and coverage remains throughout Colorado. We have said all along that we don’t believe changes to the Affordable Care Act should force people to lose health care.

“Congress should immediately fund the cost sharing reductions through at least 2019. The Administration and Congress should work in an open, bipartisan way to stabilize the individual market and make quality health insurance more affordable for all Americans.

“Governors are willing to work with Congress to stabilize our health insurance markets, but to undermine the individual market is cruelty without benefit.”