GOP negotiators meet on ObamaCare market fix

GOP negotiators meet on ObamaCare market fix
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Top Republican negotiators on a bill to stabilize ObamaCare markets met on Thursday to discuss a way to bridge the gap between House and Senate measures.

GOP Sens. Lamar AlexanderAndrew (Lamar) Lamar AlexanderOn The Money — Sponsored by Prudential — Supreme Court allows states to collect sales taxes from online retailers | Judge finds consumer bureau structure unconstitutional | Banks clear Fed stress tests Supreme Court rules states can require online sellers to collect sales tax 13 GOP senators ask administration to pause separation of immigrant families MORE (Tenn.) and Susan CollinsSusan Margaret CollinsSenate Gang of Four to meet next week on immigration Republicans agree — it’s only a matter of time for Scott Pruitt Skyrocketing insulin prices provoke new outrage MORE (Maine) met with House Energy and Commerce Committee Chairman Greg WaldenGregory (Greg) Paul WaldenHouse passes bipartisan bill to fight opioid crisis This week: House GOP caught in immigration limbo Congress tackles mounting opioid epidemic MORE (R-Ore.) to discuss an effort to get ObamaCare stability measures included in a coming long-term government funding bill due in March, known as an omnibus.

“We actually think we're very close,” Alexander told reporters. “We hope it will be part of the omnibus.”  

“We're comparing notes on the bills,” he added.

Walden discussed a bill from Rep. Ryan CostelloRyan Anthony CostellloTrump tweet may doom House GOP effort on immigration Live coverage: High drama as hardline immigration bill fails, compromise vote delayed Trump claims Sanford remarks booed by lawmakers were well-received MORE (R-Pa.) which seeks to stabilize markets and bring down premiums by providing funding known as reinsurance.

That measure is similar to a bill backed by Collins in the Senate, but there are some differences that need to be bridged. For example, the Costello bill provides more funding: $10 billion per year compared to $5 billion per year in Collins’s bill.

Alexander called Costello’s measure a “very promising proposal.”

“We were very impressed with the work that Rep. Costello has done and hope that it could be a part of what the House decides to do,” Alexander said.

House Republicans were a major impediment to passing the stabilization bills in December, when Collins secured a commitment from Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellPolitical figures pay tribute to Charles Krauthammer Charles Krauthammer dies at the age of 68 Overnight Energy: EPA declines to write new rule for toxic spills | Senate blocks move to stop Obama water rule | EPA bought 'tactical' pants and polos MORE (R-Ky.) to support them in exchange for her vote for tax reform.

But GOP lawmakers have been warming to the proposal recently, particularly the reinsurance funding.

Some conservatives still oppose that idea as a “bailout” for ObamaCare.

Another obstacle is abortion politics. Republicans are adamant that the Hyde Amendment, which restricts federal funding for abortions, be included in the stabilization measures, but Democrats are against anything they view as an expansion of the restrictions.

“Lowering premiums for hardworking Americans remains one of Chairman Walden’s top priorities and he appreciates Rep. Costello, Senator Alexander, and Senator Collins’ continued work on these issues,” an Energy and Commerce Committee spokesman said.