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 AlexanderGOP confident of win on witnesses Republicans signal renewed confidence they'll avoid witness fight The Hill's Morning Report - Bolton charge ups ante in witness showdown MORE (Tenn.) and Susan CollinsSusan Margaret CollinsGOP confident of win on witnesses Republicans signal renewed confidence they'll avoid witness fight Trump's team rests, calls for quick end to trial MORE (Maine) met with House Energy and Commerce Committee Chairman Greg WaldenGregory (Greg) Paul WaldenOvernight Energy: Democrats unveil draft climate bill | Plan aims for carbon neutrality by 2050 | GOP senators press IRS on electric vehicle tax credit Democrats' draft climate bill charts path to carbon neutrality by 2050 Hillicon Valley — Presented by Philip Morris International — Wyden asks NSA to investigate White House cybersecurity | Commerce withdraws Huawei rule after Pentagon objects | Warren calls on Brazil to drop Greenwald charges 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.”  

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

Walden discussed a bill from Rep. Ryan CostelloRyan Anthony CostellloFormer GOP Rep. Costello launches lobbying shop Head of Pennsylvania GOP resigns over alleged explicit texts Lobbying world 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.

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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 McConnellTrump allies throw jabs at Bolton over book's claims GOP confident of win on witnesses Collins Senate bid threatens to spark GOP rift in Georgia 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.