Last Thursday, Senate Republicans released the Better Care Reconciliation Act (BCRA), a discussion draft of legislation to address the failings of Obamacare. The draft legislation included many important priorities of the business community, including provisions that would: help to stabilize the individual insurance markets; provide individuals and employers with greater flexibility in obtaining affordable coverage; and repeal a variety of taxes on individuals and businesses which will help reduce the cost of health care. (Click here for a detailed summary)
This week, the Senate has been working through differences to secure enough votes to pass the BCRA. On Tuesday, Majority Leader McConnell signaled any votes on this important legislation would take place after the July 4 recess. The U.S. Chamber is encouraging the Senate to move forward, continue working, and ultimately pass the BCRA.
There’s going to be a lot of ups and downs on the road to successfully passing real health care reform. While the BCRA isn't perfect--no piece of legislation is--it advances many of the Chamber's key priorities and makes significant improvements to existing law. We will continue to work with lawmakers to express our support for the bill and hope you will reach out to your Senators to share your community's health care priorities.
Information from the U.S. Chamber of Commerce Newsletter