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Thu Sep 28, 2017, 06:18 PM

Senators close to bipartisan deal on health exchanges: Schumer

Source: Reuters

#POLITICS SEPTEMBER 28, 2017 / 3:04 PM / UPDATED 4 HOURS AGO

Senators close to bipartisan deal on health exchanges: Schumer

Reuters Staff
3 MIN READ

WASHINGTON (Reuters) - Two U.S. senators from both parties are close to finalizing a bipartisan deal to shore up the health insurance exchanges created under Obamacare, the chamber’s top Democrat said on Thursday.

The move, which Senate Democratic Leader Chuck Schumer said was “on the verge” of completion, would stabilize the market for individuals who buy their own insurance plans on the federal or state-based exchanges.

The potential agreement comes after Republicans have repeatedly failed to carry out their years-long pledge to repeal and replace the 2010 Affordable Act, former Democratic President Barack Obama’s signature healthcare overhaul.

Schumer said Senate Health, Education, Labor and Pension Committee Chairman Lamar Alexander, a Republican, and ranking Democrat Patty Murray had resurrected a bipartisan approach, which had been cast aside amid the latest near-vote on a repeal bill.

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Read more: http://www.reuters.com/article/us-usa-healthcare/senators-close-to-bipartisan-deal-on-health-exchanges-schumer-idUSKCN1C32UL

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