The Congressional Budget Office says it won't have time to analyze all the impacts of the latest GOP effort to repeal the ACA, but it says millions more would be uninsured than under current law.
During a Senate Finance Committee hearing about the Republicans' last-ditch effort to repeal the Affordable Care Act, it became clear the legislation would not have the votes to pass.
The bill would make big changes to the nation's health care system by rolling back key requirements of Obamacare, including that insurers not charge more to people with pre-existing conditions.
The bill's sponsors say their plan to reallocate federal health funding among states is more equitable. It also would cause largely Democratic states to lose funding while Republican states gain.
The federal government has cut advertising for the Affordable Care Act's enrollment period by 90 percent. So insurer Oscar Health has started its own campaign in New York and five other states.
The extension leaves time for President Trump to decide whether to continue crucial payments to insurers and for insurers to figure out how they would operate without them if they were to disappear.
The Senate majority leader blamed the president's legislative inexperience for the failure to repeal and replace the Affordable Care Act, but Trump fired back it was McConnell who came up short.
Three years ago, only about a quarter of the nation's large employers were "very confident" they would offer health insurance to their workers in 10 years. That number has now risen to 65 percent.
North Carolina's largest health insurance company said Wednesday it doesn't need a 22.9 percent price increase after all for individual policies it will sell next year through the Affordable Care A
A Senate committee will hold hearings on stabilizing the Obamacare markets in 2018. The chair called on President Trump to continue payments to insurers that help lower costs for low-income people.