Top Republican seeks action now to steady insurance markets - News Summed Up

Top Republican seeks action now to steady insurance markets


A senior House Republican on Thursday called for immediate action to stabilize shaky health insurance markets around the country, amid concerns that the GOP could get blamed for rising premiums and dwindling choice next year. "We should act within our constitutional authority now to temporarily and legally fund (subsidy) payments as we move away from Obamacare," Brady said at a budget hearing. Brady, who issued Thursday's call to action, is one of the main authors of the House GOP health care bill. "We continue to need certainty about future funding," said Kristine Grow, a spokeswoman for America's Health Insurance Plans. The Obama health care law provides two kinds of government subsidies to help people with modest incomes purchase private insurance.


Source: ABC News June 08, 2017 20:26 UTC



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