The five-point agreement seeks to add a degree of certainty in health care markets.
Congressman Tom O’Halleran, D-Sedona and Representative Martha McSally, R-Tucson, saw an opportunity to bring some reason to the process.
The biggest proposal calls for mandatory funding of cost-sharing reduction payments, which help insurers reduce prices for customers on the ACA marketplace who make up to 200 percent of the federal poverty level — around 70 percent of those insured through the ACA. It also seeks to move CSR allocations under the Congressional appropriations process to ensure greater oversight.
Read about the positive development in The Phoenix Business Journal
Thanks to industry insiders, see the Bipartisan Problem Solvers Caucus- Individual Insurance Marketplace Stabilization Plan