Healthcare Showdown: Senate to Vote on Rival Plans

The U.S. Senate is set to vote on competing healthcare proposals from Democrats and Republicans. Democrats want a three-year subsidy extension under the Affordable Care Act, while Republicans propose direct payments to individuals. Both plans face uncertain futures in a divided Congress, with neither expected to pass.

The U.S. Senate is bracing for a Thursday vote on competing healthcare proposals amid concerns over rising health insurance premiums. Senate Majority Leader John Thune announced that both Democrat and Republican plans will be put forth, as lawmakers struggle to address the potential financial burden on up to 24 million Americans when Affordable Care Act subsidies expire at year's end.

Democrats are pushing for a three-year extension of the ACA subsidies, while Thune and other Republicans favor direct payments to individuals. As parties remain divided on the issue, the likelihood of either side gaining enough support seems bleak. Thune noted varying opinions even within his own party, without addressing potential compromise options.

Republican Senators Bill Cassidy and Mike Crapo have introduced legislation allocating up to $1,500 for health savings accounts, which Democrats have criticized as inadequate. The proposed funds cannot be used for abortions or gender transition services. Senate Democratic Leader Chuck Schumer dismissed this as "junk insurance," while Republicans argue their plan could reduce long-term insurance costs. President Trump has voiced support for the Republican approach.

(With inputs from agencies.)