FILE PHOTO: Chairman Senator Lamar Alexander (R-TN) speaks prior to Dr. Scott Gottlieb testimony before a Senate Health Education Labor and Pension Committee confirmation hearing on his nomination to be commissioner of the Food and Drug Administration on Capitol Hill in Washington, D.C., U.S., April 5, 2017. REUTERS/Aaron P. Bernstein

WASHINGTON (Reuters) – U.S. Senator Lamar Alexander on Tuesday made the first move by a senior Republican to work with Democrats on repairing Obamacare after his party failed to repeal and replace the healthcare law, announcing work on bipartisan legislation to stabilize the individual health insurance market.
Alexander, who chairs the Senate health committee, urged U.S. President Donald Trump to drop his threat to cut government subsidy payments to insurers that make Obamacare plans affordable and to allow the payments through September. The senator also said fellow lawmakers should fund those payments for one year.
Alexander’s announcement followed the spectacular failure last week by Senate Republicans to pass their own repeal or replacement of the Affordable Care Act, former President Barack Obama’s signature domestic initiative also referred to as Obamacare.
The Tennessee Republican said the Senate health committee “will hold hearings beginning the week of September 4 on the actions …