A congressional committee is holding bipartisan meetings in September to help stabilize the Obamacare exchanges, which are facing higher gross premiums and fewer choices for customers heading into 2018.
The meetings will be held by the Senate Health, Education, Labor, and Pensions Committee, whose leaders have pledged to work to arrive at a bipartisan solution. Still, the timing is limited and politics between the two parties are raw following Republicans’ failure to repeal and replace Obamacare in July. It remains unclear whether Congress will reach an agreement on how to stabilize the exchanges, or if what they decide will make a significant dent in the price of premiums or the choices customers face. Lawmakers must finalize a plan by Sept. 29, when final contracts between insurers and states are signed.
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