Time is running out for Congress to reauthorize the Children's Health Insurance Program, which expires on Sept. 30.

CHIP provides health care to children whose families don't qualify for Medicaid but still need assistance to cover the costs of health care. Kaiser Family Foundation said CHIP provided health insurance to

across the U.S.

The Tennessee Commission on Children and Youth reported that in fiscal year 2015-16, CHIP — which is called CoverKids in Tennessee — provided insurance to children from low-income families at a cost of $156,972,740.

The commission showed that only about 5 percent of the funding comes from the state, the rest is provided at the federal level.

The Kaiser Family Foundation projected in May that if lawmakers don't extend the funding, then all states would exhaust all of their federal funds for the critical program in fiscal year 2018, which begins Oct. 1.

Though Congress hasn't acted on it yet, President Donald Trump's 2018 budget proposed reauthorizing CHIP funding for two years, but called for funding cuts that would result in a net saving of $5.8 billion over a decade. He also asked Congress to cap the eligibility levels for the program.