GOP Senators Discuss Short-Term Measures To ‘Stabilize’ Obamacare Markets

This Tuesday, July 30, 2013 photo shows Sen. Rob Portman, R-Ohio, at the Capitol, in Washington. Portman says he can’t understand President Barack Obama’s refusal to negotiate on ending the federal shutdown impas... This Tuesday, July 30, 2013 photo shows Sen. Rob Portman, R-Ohio, at the Capitol, in Washington. Portman says he can’t understand President Barack Obama’s refusal to negotiate on ending the federal shutdown impasse. (AP Photo/J. Scott Applewhite) MORE LESS
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Republicans coming out of a Senate health care working group meeting said a major focus of Tuesday’s discussion were short term proposals to entice insurers to stay in the fragile Affordable Care Act exchanges while a longer term legislative effort to repeal Obamacare is worked out.

It’s not clear whether such measures would come in the form of Trump administration executive actions or legislation from the Senate, and if the latter, whether that legislation would be separate from the main repeal bill.

“We need to decide whether that will going to be part of our legislative effort,” Sen. Rob Portman (R-OH) told reporters after the meeting, as he was heading into the full GOP conference lunch.

Sen. Ron Johnson (R-WI) said Republicans were seeking feedback from insurers as to what it would take to bring more certainty to the individual market.

“We are trying to grapple with what we can do short term to stabilize these markets, to prevent them from collapsing, see if we can stabilize insurance rates at least for 2018. We’re running out of time,” Johnson told reporters.

The main concern insurers have raised as they prepare to file their intentions for 2018 is the fate of Obamacare’s cost sharing reduction payments, which subsidize insurers for keeping out-of-pocket costs down for low income consumers. They payments have been the target of a House GOP lawsuit, and President Trump has repeatedly threatened to halt them to hasten a collapse of Obamacare, which he thinks would bring Democrats to the negotiating table.

The Senate Republicans said Tuesday that the CSR payments were part of the health care working group’s discussions, but they wouldn’t say whether the Trump administration needed to do more to make clear that they would continue.

Republicans in the past have blasted the subsidies and other Obamacare programs for insurers as “bailouts” but are now floating proposals to continue them, as they would take the blame for a collapse of the market due to the current political and policy uncertainty.

“I support doing what we need to do, in the short term, even though they may be policies I don’t support,” Johnson said.

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  1. Avatar for tsp tsp says:

    “Stabilization” refers to scaling back some of the GOP efforts to gut the law before they realized that people actually liked it, and it did the public no small amount of good.

  2. Avatar for darcy darcy says:

    Stabilize this asshole.

    Good news. Republicans know Rome is burning and insurers will stick around as long as they can get their subsidies. ‘Saving HC’ has just been moved down the list for now. Treason, espionage and a mentally ill president are the only important topics. Shit storm everyday.

  3. It’s not clear whether such measures would come in the form of Trump administration executive actions or legislation from the Senate, and if the latter, whether that legislation would be separate from the main repeal bill.

    In other words, they’re hoping to convince Trump to reverse course and support the subsidies through executive action.

    Because the Senate can pass whatever it wants, but good luck getting subsidies that “prop up Obamacare” through the House Freedumb Cockups.

  4. If they’re going to stabilize the exchanges they need to act yesterday. Insurers are already bailing out en masse. But it is interesting if it means that the Senate isn’t prepared to kill the exchanges, and/or doesn’t know if they can get repeal done this year and doesn’t want to risk being seen just letting them die on the vine. On the other hand, most of the “stabilization” measures they’ve promoted in the past involve getting rid of community rating and other awful regressions that I trust Dems won’t be stupid enough to go along with.

  5. One more distraction. How many can they put out in one day?

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