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Problem Solvers Caucus pushes to stabilize insurance markets

Problem Solvers Caucus pushes to stabilize insurance markets
© Greg Nash

The House Problem Solvers Caucus is urging congressional leaders to consider bipartisan health-care policies aimed at stabilizing the insurance markets.

“When we work across the aisle and govern together, Democrats and Republicans alike can find consensus on real solutions for the American people,” the group wrote to Democratic and Republican leaders in both chambers.

“We won’t all get everything we want, but we can work together to reduce health care costs, especially to address the looming deadlines that will dramatically impact next year’s premiums.”

The deadline for insurers to sign contracts with HealthCare.gov is Wednesday, which would lock them into selling plans on the federal exchange.

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The caucus, comprised of 43 lawmakers, already released bipartisan ideas to stabilize the individual market in late July. Its suggestions included funding subsidy payments to insurers, creating a stability fund for states and repealing the medical device tax.

The letter comes after Senate Republicans decided Tuesday not to vote this week on a last-ditch effort to repeal ObamaCare, and Senate Health Committee Chairman Lamar AlexanderAndrew (Lamar) Lamar AlexanderTrump tells GSA that Biden transition can begin Democrats gear up for last oversight showdown with Trump Trump nominee's long road to Fed may be dead end MORE (R-Tenn.) left the door open to restarting bipartisan talks on a stabilization bill in the upper chamber.

Senate Republicans face an end-of-the-month deadline to repeal ObamaCare and avoid a Democratic filibuster, as the fast-track budget maneuver they were using expires Sept. 30.

This report was updated at 11:15 a.m.