Top Republican seeks action now to steady insurance markets
June 9, 2017
WASHINGTON (AP) — 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.
House Ways and Means Committee Chairman Kevin Brady, R-Texas, said the government should keep paying billions of dollars in "cost-sharing" subsidies that help low-income people with deductibles and copayments. The $7 billion is under a cloud because of mixed signals from the Trump administration and a lawsuit originally filed by House Republicans.