FEATURED:

Week ahead: Senators near deal to stabilize ObamaCare markets

Week ahead: Senators near deal to stabilize ObamaCare markets
© Greg Nash

The leaders of the Senate Health Committee expressed optimism Thursday that a bipartisan deal to stabilize the insurance markets was within reach.

The goal, according to Chairman Lamar AlexanderAndrew (Lamar) Lamar AlexanderSanders wants pharma CEOs to testify on opioid crisis Trump expects us to trade clean air and water for updated infrastructure House GOP warming to ObamaCare fix MORE (R-Tenn.), is to put the final touches on a bipartisan package the week of Sept. 18 with the hope the Senate will pass it by the end of the month.

The panel held four hearings on the topic over the past two weeks, bringing in governors, insurance commissioners and experts as Alexander and the committee's top Democrat, Sen. Patty MurrayPatricia (Patty) Lynn MurrayLawmakers eye retirement help for gig economy workers Overnight Regulation: Labor Department reportedly hid unfavorable report on tip-pooling rule | NY plans to sue EPA over water rule | Senators urge FTC to probe company selling fake Twitter followers Trump's vows to take on drug prices, opioids draw skepticism MORE (Wash.), attempt to craft a deal to help the insurance markets.

ADVERTISEMENT

At the final hearing on Thursday, Alexander laid out the main themes that emerged throughout the hours of discussion, and it's expected this could serve as the framework for a deal.

One, funding cost-sharing reduction payments, which insurers receive from the federal government as payment for lowering the out-of-pocket costs of some ObamaCare enrollees.

Second, letting people of all ages buy "copper plans," which are essentially catastrophic coverage with lower premiums and higher deductibles.

Third, giving states more flexibility to approve health insurance plans and rates.

Meanwhile, four GOP senators are pushing a last-ditch effort to repeal and replace ObamaCare.

Time isn't on their side, as the fast-track vehicle Republicans were using to gut ObamaCare expires at the end of the month. Republicans are using a budget maneuver, called reconciliation, because it avoids a Democratic filibuster.

On Wednesday, GOP Sens. Bill CassidyWilliam (Bill) Morgan CassidyRepublican agenda clouded by division Sen. Cassidy says he won’t go back on Kimmel after health care fight GOP lawmakers help people injured in train crash MORE (La.), Lindsey GrahamLindsey Olin GrahamMcConnell: 'Whoever gets to 60 wins' on immigration Overnight Tech: Uber exec says 'no justification' for covering up hack | Apple considers battery rebates | Regulators talk bitcoin | SpaceX launches world's most powerful rocket Overnight Cybersecurity: Tillerson proposes new cyber bureau at State | Senate bill would clarify cross-border data rules | Uber exec says 'no justification' for covering up breach MORE (S.C.), Ron JohnsonRonald (Ron) Harold Johnson40 patient advocacy groups oppose 'right to try' drug bill GOP eyes changes to 'right to try' bill Hundreds sign on to letter opposing 'right to try' drug bill MORE (Wis.) and Dean HellerDean Arthur HellerHeller campaign slams GOP rival over six-figure nonprofit salary Juan Williams: Help Trump climb down from the wall GOP Senate candidate fundraising lags behind Dems in key races MORE (Nev.) released the newest ObamaCare repeal bill. The measure seeks to give control to the states.

Specifically, the bill moves money for ObamaCare's Medicaid expansion, tax credits and cost-sharing reduction payments, and provides block grants to states with those funds. It also repeals the individual and employer insurance mandates and the medical device tax.

Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellDems confront Kelly after he calls some immigrants 'lazy' McConnell: 'Whoever gets to 60 wins' on immigration Overnight Defense: Latest on spending fight - House passes stopgap with defense money while Senate nears two-year budget deal | Pentagon planning military parade for Trump | Afghan war will cost B in 2018 MORE (R-Ky.) has told Graham and Cassidy they need to find the votes themselves. Senate Majority Whip John CornynJohn CornynDems confront Kelly after he calls some immigrants 'lazy' McConnell: 'Whoever gets to 60 wins' on immigration GOP senators turning Trump immigration framework into legislation MORE (R-Texas) is measuring support for the bill, and GOP leadership has asked the nonpartisan Congressional Budget Office (CBO) to prioritize an analysis of the legislation.

But Cassidy has expressed optimism he is close to getting the votes needed.

"I am pretty confident we'll get there on the Republican side," Cassidy told reporters in his office on Friday. "We're probably at 48-49 [votes] and talking to two or three more."

So far, no other measure — even a scaled down version of a repeal bill — has been able to garner the votes needed to pass the Senate. There's little room for error, as Republicans control 52 seats.

On Friday, Sen. Rand PaulRandal (Rand) Howard PaulPentagon: War in Afghanistan will cost billion in 2018 Overnight Finance: Senators near two-year budget deal | Trump would 'love to see a shutdown' over immigration | Dow closes nearly 600 points higher after volatile day | Trade deficit at highest level since 2008 | Pawlenty leaving Wall Street group Rand Paul calls for punishment if Congress can't reach a long-term budget deal MORE (R-Ky.) came out in opposition to the measure, calling it "Obamacare Lite" in a tweet.

But there's more going on in the health world than just ObamaCare repeal.

The Children's Health Insurance Program (CHIP), as well as funding for community health centers and Medicare extenders, is set to lapse on Sept. 30 if Congress doesn't reauthorize the programs.

The Senate Finance Committee announced a deal on a five-year reauthorization of CHIP. As of early Friday afternoon, the House hasn't yet announced any such package.

There also isn't much time, as the House is out this week and the Senate is only in for half of the week.

Also on Capitol Hill in the coming week, the Senate Special Committee on Aging is holding a hearing titled "Disaster Preparedness and Response: The Special Needs of Older Americans." It will be held Wednesday in the Dirksen Senate Office building, room 562, at 9 a.m.

 

In case you missed it

Insurer Anthem to cover bare ObamaCare counties in Virginia

GOP senator says he nearly has the votes for ObamaCare repeal

Senator asks for CBO score of Sanders's single payer bill

Walden hints at nursing home oversight in wake of Hurricane Irma deaths

Senate health panel aims for deal on stabilizing markets early next week

Ryan on Senate repeal effort: 'I'll take federalism over ObamaCare any day'

Price says working toward declaring opioid crisis national emergency

Trump cuts to ObamaCare outreach to hit red states most

CBO: ObamaCare uncertainty will lead to 15 percent hike in premiums

Trump calls Sanders's single payer plan a 'curse on the US'