News

Obamacare stabilization deal draws opposition from some House Republicans

Obamacare stabilization deal draws opposition from some House Republicans

Several House Republicans on Tuesday said they oppose bipartisan legislation in the Senate to stabilize Obamacare in return for repealing the law’s individual mandate that everyone buy insurance.

Some Republicans remained vociferously opposed to the deal that funds Obamacare insurer payments for two years in exchange for more flexibility for states to waive regulations.

But he said he would wait to see the final Senate tax reform package before making a final decision.

Conservative Republicans and President Trump have labeled the insurer payments that the deal would fund for two years as “bailouts.” However, the payments reimburse insurers for lowering out-of-pocket costs such as copays for low-income enrollees on Obamacare’s exchanges, which is required under the law.

The House is expected to take up its own tax reform package on Thursday that likely will not include a repeal of the individual mandate.

Please Help Us Keep this Site Running

Thank you for the donation

 
 
 
Powered by Stripe
Subscribe to our Newsletter

Latest News, Photos & Videos