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Cruz Pitches GOP Leaders to Allow Cheap Insurance in Health Bill

  • Texas Repulican wants to allow plans with less robust coverage
  • Moderates worry idea would lead to higher costs for sick
Bloomberg business news

The Latest Developments in the Battle Over Health Care

Senate Republican leaders are considering a proposal by Senator Ted Cruz that would allow insurers to sell cheaper, less robust plans as long as they also sell policies that meet coverage standards imposed by Obamacare.

The Texan’s idea is aimed at breaking the health-care logjam and winning conservative holdouts -- but the proposal faces opposition from the moderate wing, underscoring the delicate balance facing party leaders trying to secure the votes for a bill to unwind the Affordable Care Act.