<P> The Bipartisan Health Care Stabilization Act of 2017 (colloquially known as the Alexander - Murray bill) is a proposed compromise reached by Senator and HELP Committee Chairman Lamar Alexander and Senator and HELP Committee Ranking Member Patty Murray to amend the Affordable Care Act to fund cost - sharing reductions subsidies . The plan will also provide more flexibility for state waivers, allow a new "Copper Plan" or catastrophic coverage for those under 30, allow interstate insurance compacts, and redirect consumer fees to states for outreach . President Trump had stopped paying the cost sharing subsidies and the Congressional Budget Office estimated his action would cost $200 billion, cause insurance sold on the exchange to cost 20% more and cause one million people to lose insurance . </P> <P> The CSR subsidies are paid to insurance companies to reduce copayments and deductibles for a smaller group of ACA enrollees, those earning less than 250% of the federal poverty line (FPL). They are meant to reduce the cost for enrollees in this income bracket that are on silver plans while increasing the actuarial value of the plans . For example, in 2016 the maximum out of pocket for an individual on a silver plan was $6,850, but for individuals with an income up to 200 percent of the FPL, that maximum cost was reduced to $2,250 . Simultaneously, these CSR payments were able to increase the actuarial value of a silver plan from 70 percent to 87 percent for those with incomes between 150 and 200 percent of the poverty line . 56 percent of all marketplace enrollees were receiving CSRs as of 2015 . </P>

Bipartisan health care stabilization act of 2017 bill number