According to The Hill House Democrats on Friday will offer an alternative to a Republican bill that would allow insurance companies to continue offering plans that are being canceled because of ObamaCare.
Minority Leader Nancy Pelosi (D-Calif.) is trying to limit defections by calling on her members to consider the Democratic alternative over the GOP bill, which the White House has said it will veto.
A Democratic leadership aide in the House said the proposal is similar to one offered by Democrats in the Senate, but has some key provisions that scale back Sen. Mary Landrieu’s (R-La.) legislation.
The bill would allow insurance companies to continue offering limited plans to those presently on them, but only for one year. It’s similar to the White House’s Thursday proposal aimed at keeping President Obama’s promise that if you like your plan, you can keep it.
Democrats will offer up the plan ahead of a Friday vote on Republican bill that would also allow insurers to continue offering plans that existed before ObamaCare. That bill from Rep. Fred Upton (R-Mich.) has four Democratic co-sponsors.
Insurance companies and regulators warn that all of the proposals would cause “chaos” in the marketplace and could undermine the law.