The U.S. Senate rejected a Democratic attempt to roll back a Trump administration rule that would allow states to disregard part of the Affordable Care Act and permit the sale of what some call “junk insurance.”
On Wednesday, Senators voted 43-52 against the resolution that would overturn an administration rule that would permit states to opt out of certain requirements set forth in the ACA.
Democrats wanted to overturn an administration rule that makes it easier for states to opt out of certain ACA requirements and allows for the sale of cheaper, less-inclusive plans than ones offered under the ACA.
Some Democrats have termed the plans “junk insurance” because carriers can refuse to cover people with pre-existing conditions.
Republicans and the Trump administration have repeatedly said they will continue to advocate for ways to end the Affordable Care Act while protecting people with pre-existing conditions.
A federal circuit court in New Orleans is expected to rule shortly on an administration-backed lawsuit to overturn the entire health care law.
Breaking: Fed Cuts Rates For Third Time This Year
NAIC Commissioners Racing The Clock To Finish Annuity Sales Model
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity NewsLife Insurance News
Property and Casualty News
- EDITORIAL: Endorsement: Elect Ben Allen California's next insurance commissioner
- The states where home insurance is becoming unaffordable in 2026
- AM Best Affirms Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries
- Home Insurers Dropped 2 Million Policies as Premiums and Profits Rose | Insurify
- AM Best Affirms Credit Ratings of Tokio Marine & Nichido Fire Insurance Co., Ltd. and Its Subsidiaries
More Property and Casualty News