CBO

The bill eliminates a tax penalty for Americans who don’t carry health insurance, a pillar of the Affordable Care Act.

Senate Majority Leader Mitch McConnell said the compromise will end the requirement that all individuals buy insurance or pay a fine.

Republicans are considering repealing the coverage rule in the Affordable Care Act as a way to pay for far-reaching changes in the tax code.

Amount patients would have to pay up front for their own care would violate maximums set in U.S. law.

McConnell delays vote as John McCain remains in Arizona this week after surgery.

Next iteration may provide more money to Medicaid in effort to appease GOP moderates.

Proposed plan would add $70 billion to stabilize insurance exchanges over the next decade.

The new measure, to be released to all Senate Republicans Thursday, also discards earlier plans to repeal three Obamacare taxes on the wealthy.

Republicans are considering retaining Obamacare’s 3.8 percent tax on net investment income for people who earn more than $200,000 and couples over $250,000.

Top Republicans are working with congressional budget officials to examine the impact of various changes they’re considering.

About 23 million people are expected to lose their healthcare coverage by 2026 under the bill which was passed by House Republicans earlier this month.

CBO insight is critical for meeting Senate rules that would let the GOP pass it with a simple majority amid unanimous Democratic opposition.

There’s no target date for a vote, whether next week or at any future time, a White House aide says.

New estimates show 14 million Americans could lose health coverage by next year.