Senate Republicans have released an updated health care bill in an attempt to get Republican holdouts on board with repealing the Affordable Care Act.

One of the more controversial amendments of the bill came from Sens. Ted Cruz and Mike Lee, which proposed allowing insurance companies to offer plans which don't meet all of the regulations set forth under the ACA so long as these insurers also sell plans which do meet the regulations.

This amendment would allow for healthy people to buy cheaper health insurance plans, but those with pre-existing conditions or sick people would face higher premiums or lose access to coverage altogether.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.