Senate’s Schumer urges stabilizing health insurance market

Senate Minority Leader Chuck Schumer speaks to the media about plans to repeal and replace Obamacare on Capitol Hill in Washington

WASHINGTON (Reuters) – U.S. Senate Democratic leader Chuck Schumer on Monday said he had written to Senate Majority Leader Mitch McConnell urging bipartisan effort to stabilize the U.S. health insurance market.

Schumer noted that McConnell had been quoted recently as saying Congress will need to shore up that market if lawmakers fail to repeal Obamacare.

(Reporting by Susan Cornwell; Editing by Bill Trott)