Sen. Max Baucus, the chairman of the Senate Finance Committee, said today that the panel will start work in June on reauthorizing the State Children’s Health Insurance Program.
The SCHIP program is set to expire Sept. 30. U.S. health insurers have made extending the program a top legislative priority.
Baucus, D-Mont., asked on the Senate floor for bipartisan support for SCHIP extension reauthorization,
Baucus listed 5 principles for guiding the reauthorization effort.
The first is that Baucus wants to provide at least $13.4 billion in additional funding for the program over 10 years. The Congressional Budget Office says the program needs at least that much additional funding just to maintain current coverage levels.
Baucus also wants to: