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Senate health chairman calls for bipartisan Obamacare bill

(Ron Sachs / CNP/MediaPunch/IPX)

Sen. Lamar Alexander, chairman of the Senate Health, Education, Labor and Pensions Committee, told reporters Tuesday the next step for Obamacare should be a bipartisan, short-term stabilization package:

QuoteThe most constructive thing would be for there to be a bipartisan proposal that would stabilize the market for the next three years while we create long-term solutions to the Affordable Care Act.

He said he's hearing from insurers that they need stabilization steps taken "within the next few weeks," as 2018 participation deadlines loom. While the administration can take some action, it's also "incumbent upon Congress to act."