Senate Group Nears Deal to Revive ACA Subsidies

A bipartisan Senate group is nearing an agreement to revive lapsed Affordable Care Act (ACA) aka Obamacare, subsidies, with a key negotiator saying the group could release draft legislation early next week.

The deal being discussed by the senators would reestablish the enhanced tax credits that expired Jan. 1 for two years, with new restrictions including minimum premium payments and income caps. The developing agreement would pair that with new cost-sharing reduction measures and expanding access to health savings accounts.

Sen. Bernie Moreno (R-OH), a key negotiator, said Wednesday that legislative text could be finalized "realistically, probably Monday."

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