Ready to Acknowledge O’Care’s Failings, Some Dems Work with GOP on Fixes Ready to Acknowledge O’Care’s Failings, Some Dems Work with GOP on Fixes – NTK Network

Ready to Acknowledge O’Care’s Failings, Some Dems Work with GOP on Fixes

A new, bipartisan set of proposals may be the path forward to fixing the many problems Obamacare is experiencing in 2017.

By NTK Staff | 07.31.2017 @3:30pm
Ready to Acknowledge O’Care’s Failings, Some Dems Work with GOP on Fixes

Although many liberals stand by Obamacare seven years after its passage – flaws and all – some moderate Democrats seem to ready to acknowledge the failures of Obamacare and work with the GOP on fixes.

Politico reported on Sunday night:

A coalition of roughly 40 House Republicans and Democrats plan to unveil a slate of Obamacare fixes Monday they hope will gain traction after the Senate’s effort to repeal the law imploded.

The Problem Solvers caucus, led by Tom Reed (R-N.Y.) and Josh Gottheimer (D-N.J.), is fronting the effort to stabilize the ACA markets, according to multiple sources.

Their fixes?

  • “[F]unding for Obamacare’s cost-sharing subsidies,” about $7 billion this year
  • Raise the threshold for Obamacare’s employer mandate from 50 employees to 500 employees
  • “[C]reate a federal stability fund – dollar amount unspecified — that states can tap to reduce premiums and other costs for people with extremely expensive medical needs”
  • “[G]reater flexibility for state innovation”

It’s unclear if Democrats will jump on board with the proposal. Nancy Pelosi and Chuck Schumer have paid lip service to making fixes to Obamacare, but have yet to corral their caucuses to support any real solutions to the problems with the seven-year-old health care law.

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