Healthcare News Update: Bipartisan Efforts

Our news headlines are populating so quickly – who can keep up? While healthcare news headlines may not be as “juicy” as they have been in the past few weeks, that doesn’t mean the conversation has been shelved. 

Recent footage involves President Trump’s frustration in Congress not passing legislation to repeal and replace the Affordable Care Act. He targeted Senate Majority Leader Mitch McConnell via Twitter: "Mitch, get back to work and put Repeal & Replace, Tax Reform & Cuts and a great Infrastructure Bill on my desk for signing. You can do it!" To which McConnell responded: “Our new president, of course, has not been in this line of work before. And I think he had excessive expectations about how quickly things happen in the democratic process…So part of the reason I think people feel we’re underperforming is because too many artificial deadlines — unrelated to the reality of the complexity of legislating — may not have been fully understood.

What’s Next for “Repeal and Replace”?

The President’s efforts to repeal and replace did not go according to his plan, nor are they progressing as quickly as he would have liked. According to the Affordable Care Act Times, a more bipartisan effort to review healthcare legislation is in store. The outlet notes that the White House needs to make its next round of cost-sharing reduction payments to insurance carriers by an August 21st deadline – these fund subsidies for insurance obtained by seven million Americans through the Healthcare Marketplace. 

In addition, the “Problem Solvers Caucus,” a bipartisan group of House members, is creating a plan that includes addressing funding for insurance companies to reduce insurance costs and creating a fund so that states may reduce insurance premiums. 

As always, we’ll bring you occasional updates on the health insurance landscape to help you, your clients and your patients stay informed. Until then, here are a few more news headlines that may be of interest to you: