Tags: Healthcare Reform | bipartisan effort | stabilize | obamacare | doomed

Bipartisan Effort to Stabilize Obamacare Appears Doomed

Bipartisan Effort to Stabilize Obamacare Appears Doomed
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By    |   Wednesday, 18 October 2017 02:54 PM

A bipartisan bill to shore up the Obamacare markets appears doomed to failure just a day after President Donald Trump praised the effort, Business Insider reported on Wednesday.

The proposal from Republican Sen. Lamar Alexander and Democratic Sen. Patty Murray - who head the Health, Education, Labor, and Pensions Committee, would funnel some funding back into the exchanges to ensure that costs for consumers stay low while also permitting states more flexibility to attempt their own fixes for exchanges.

But House Speaker Paul Ryan had previously said he would not bring a stabilization bill to the floor and his office said on Wednesday that "The speaker does not see anything [in this proposal] that changes his view that the Senate should keep its focus on repeal and replace of Obamacare."

Republican Study Committee Chairman Mark Walker, who heads the 150-strong group in the House, also came out against the bill. He said the plan is unacceptable, because "the GOP should focus on repealing and replacing Obamacare, not trying to save it."

For similar reasons, conservative groups such as FreedomWorks, Heritage Action and Club for Growth also opposed the bipartisan plan.

The big blow against the effort came when Trump reversed himself on the proposal in a tweet.

However, after speaking with the president, Alexander sent out a series of tweets on Wednesday that the proposal still has a chance.

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A bipartisan bill to shore up the Obamacare markets appears doomed to failure just a day after President Donald Trump praised the effort, Business Insider reported on Wednesday.
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2017-54-18
Wednesday, 18 October 2017 02:54 PM
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