The CBO says that ending CSR payments to insurers would cost the federal government more than continuing to pay them, because insurers would hike premiums, and subsidies would then rise as well.
The group urged Congress to take bipartisan action by the end of September to stabilize the individual insurance market until a longer-term resolution can be achieved and to protect healthcare access and coverage.
A sizable number of Americans eligible for premium subsidies are passing them up by buying health insurance outside the Affordable Care Act's insurance exchanges. That could be affecting the health of the individual insurance market, particularly to the extent people are buying plans that do not...
Despite resistance from some colleagues, Rep. Tom Reed (R-N.Y.) thinks a majority of Republicans in the House could sign onto an Obamacare fix.
More than two dozen risk-corridor lawsuits are pending in the federal court of claims, brought by insurers that were denied the payments. The federal court has split on the issue.
The new bipartisan effort to craft solutions is almost certain to run into the same battles over how to bring down premiums for healthy people without raising costs for older and sicker people.
On the last day before leaving for August recess, the Senate approved nominees for several key HHS leadership positions, including the new assistant secretary for mental health and substance abuse.
The bill, which now awaits the president's approval, has received broad support from medical device and pharmaceutical groups as a means to add more certainty and efficiency to the product review process.
HHS is still waiting for Senate approval for 11 nominees; five passed out of committee Wednesday.
The Senate unanimously approved a pair of bills taking aim at urgent problems at the Department of Veterans Affairs, clearing a $3.9 billion emergency spending package to fix a looming budget crisis and adopting new measures to pare down a rapidly growing backlog of veterans' disability claims.
If Congress doesn't act by late September to protect cost-sharing subsidies for insurers, millions of Americans with government subsidies may find themselves with no plan options, Sen. Lamar Alexander said.
Top Senate Republicans think it's time to leave their derailed drive to scrap the Obama healthcare law behind them. And they're tired of the White House prodding them to keep voting until they succeed.