Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance > Health Insurance

Schumer: Where Is the GOP ACA Change Bill?

X
Your article was successfully shared with the contacts you provided.

Senate Democratic Leader Chuck Schumer said Wednesday that Democrats will stop trying to amend the Republicans’ Affordable Care Act change proposal, because it’s still not clear what the proposal actually is.

Schumer spoke after some Republicans crossed party lines to vote against two major versions of an ACA change bill, but all Republicans united to keep the ACA change debate alive on the Senate floor.

(Related: Some GOP Senators Cast Mixed ACA Change Bill Votes)

Senate Republicans cannot come up with enough votes to pass an ACA change bill, and that means efforts to pass an ACA change bill are dead, Schumer said.

“We don’t even have a final bill to amend,” Schumer said. “Until we see the real bill, Democrats will offer no further amendments.”

Schumer said he has heard rumors that Senate Republican leaders will be coming out with a new, short ACA change bill, but that he has not seen the bill.

Sen. Al Franken, D-Minn., said the new Republican bill might simply eliminate some ACA provisions, such as the individual mandate and employer coverage offer mandate. Eliminating those provisions without providing stabilizing measures could make the commercial health insurance market even less stable and drive up prices, Franken said.

— Read Trump Calls on GOP to ‘Repeal Obamacare’ Amid Uncertainty on Votes on ThinkAdvisor


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.