Senate Republicans will offer a health care plan for a vote Thursday alongside a Democratic proposal to extend expiring Obamacare subsidies, capping off days of furious behind-the-scenes debates.

The decision announced Tuesday by Senate Majority Leader John Thune is a U-turn from just a day prior, when GOP leadership was prepared to skip a vote on a Republican alternative to the Democrats’ proposal, which would continue the expiring subsidies for three years.

But that strategy sparked grumbling from various corners of the GOP conference, who believed they should put up their own plan to illustrate that their party has health care ideas, even if some Republican senators weren't supportive. The matter was discussed at a closed-door GOP policy lunch Tuesday.

Senate Rep...

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