Republican senators introduced a pair of health care plans aimed at reducing federal spending and driving down the cost of health insurance.
The Dec. 8 announcements were made three days ahead of a Senate vote on a measure promoted by Democrats that would extend the expiring enhanced premium tax credits for Obamacare plans.
A plan put forward by Sens. Mike Crapo (R-Idaho) and Bill Cassidy (R-La.) would fund Health Savings Accounts for individuals to empower choice and promote competition in the insurance market.
Crapo and Cassidy each chair one of the Senate committees that oversee health care spending.
Sens. Bernie Moreno (R-Ohio) and Susan Collins (R-Maine) introduced their own plan that would extend Obamacare’s enhanced premium tax credits while addressing larger issues in the program….