White House ‘Can’t Imagine’ Involvement in an Obamacare Bailout

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The White House says it “can’t imagine” supporting an Obamacare bailout, even as some Republican senators and governors are urging boosting federal subsidies to insurance companies to stabilize the endangered Obamacare exchanges.

The Senate Health, Education, Labor and Pensions (HELP) Committee will be holding hearings starting next week on ways to maintain the health insurance markets and is expected to consider an increase in subsidies for insurers.

Meanwhile, a bipartisan group of governors, led by Ohio’s John Kasich, a Republican, and Colorado’s John Hickenlooper, a Democrat, unveiled a plan calling for Congress to create a temporary fund for states to reimburse insurance companies for major losses. …

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