Sum-Up: Will The Final Push to Stabilize Obamacare End in Failure?
Republicans in the House and Senate released a bill Monday afternoon that aims to shore up Obamacare’s damaged individual market and bring down insurance premiums. The bill would bring back the cost-sharing reduction (CSR) payments to health insurers that President Trump terminated last year, pour $30 billion into a federal reinsurance program, and fully restore funding to the open- enrollment outreach work that the federal government abandoned when Trump took office. The bill, however, is dead on arrival with Democrats, because it applies the Hyde Amendment — a 1976 law that bans federal dollars from funding abortion services — to subsidies for private insurance plans. The language in the bill dictates that no private plan on the Affordable Care Act market that covers abortion care — which all plans in New York and California do by law — can receive a cost-sharing reduction subsidy, even if the patient buying the plan never has an abortion. Another provision alienating Democrats would…
Already a member? SIGN IN
This story is only available for TPM Members. Interested in reading exclusive analysis and reporting from TPM’s award-winning staff?
Sign up now and the first month is just ONE DOLLAR
Are you a student or experiencing financial hardship?
We offer FREE membership to those in need