Finance Strikes $8B 5-Year CHIP Deal That Phases Out Obamacare Funding Bump

The Senate Finance Committee reached an estimated $8 billion bipartisan CHIP agreement that renews funding for the Children's Health Insurance Program for five years and phases out the 23 percent Obamacare funding bump, according to a health care lobbyist. States would have to maintain eligibility through 2019, as current law dictates, but after that there would be no so-called maintenance of effort for children of parents with incomes more than 300 percent of the federal poverty level. The Affordable Care...