Charles Schumer is hoping for a bipartisan ObamaCare replacement after the Senate Minority Leader watched the proposed repeal fall flat:
“I hope we can work together to make the system better in a bipartisan way.”
In a healthy turn of events, Senate Majority Leader Mitch McConnell asked Democrats to bring their ideas about health care since the repeal proposal died. He did, however, state skepticism over their thoughts because he doesn’t want to be “bailing out insurance companies with no thought of any kind of reform.”
Schumer, on the other hand, believes that there is a possibility that the Democrats could bring ideas that could help balance the insurance markets. According to The Hill, Schumer “called for guaranteeing ObamaCare payments to insurers known as cost-sharing reductions (CSRs), which are key to keeping insurers in the market and preventing premium spikes.”
To move things along, President Trump has threatened to stop those payments to force the hands of the Democrats to make a decision. Trump isn’t alone in that decision either. Several Republicans have also voiced a desire to guarantee CSR spending.
Schumer is also hoping to see “reinsurance,” which will help pay for ObamaCare participants who are sick. It will also help with the driving up of premiums because they get sick. “At the very beginning we should stabilize the system,” Schumer called for in a speech. He also stated that he spoke to Speaker Paul Ryan on Friday about Trump staying out of the way so congressional leaders could get more done.
Trump released another famous Tweet saying that letting the current healthcare fail will make it “implode” and force Democrats to join sides. Schumer, however, believes that will cause far more devastation:
“It’ll hurt the American people, and it’ll hurt him.”
Credit: The HIll