Feinstein Statement on Supreme Court Health Care Decision - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
June 29, 2012 Newswires
Share
Share
Post
Email

Feinstein Statement on Supreme Court Health Care Decision

Federal Information & News Dispatch, Inc.

Washington--Senator Dianne Feinstein (D-Calif.) made the following statement today after the U.S. Supreme Court upheld the Affordable Care Act:

"This is an historic day. The Supreme Court today upheld the health care reform law passed by Congress in 2010, meaning Californians can be confident that access to affordable health insurance is finally a reality.

"I believe the health care reform law--including the individual mandate and the insurance exchanges designed to create large purchasing pools to make coverage more affordable--is critical to reducing the number of Americans who go without health insurance. The state exchanges will be up and running in 2014, and I am gratified they will have an opportunity to help Californians and drive down soaring health care costs.

"Because of today's decision, California will receive an estimated $14.5 billion in federal funds designated to increase insurance coverage--including an estimated $5.5 billion annually to help low and middle-income residents purchase insurance in the exchanges and an estimated $9 billion a year to insure newly eligible Medi-Cal beneficiaries. **

"Many positive benefits of the law have already gone into effect including provisions that allow children to stay on their parent's health insurance plan until age 26, prohibit insurance companies from denying children health insurance based on a pre-existing condition and prohibit insurance companies from canceling coverage because of an illness such as breast cancer. Millions of Americans will continue to benefit from these insurance reforms.

"I realize that passage of health care reform was extremely controversial. But we cannot forget that insuring fellow Americans and driving down the exploding cost of health care spending in this country is a national emergency. Even with this favorable decision from the court, our work reforming the insurance market and expanding access to health care continues."

**Data on the Affordable Care Act's effects on California has been compiled by research organizations including the Urban Institute, Kaiser Family Foundation and the UCLA Center for Health Policy Research.

Read this original document at: http://www.feinstein.senate.gov/public/index.cfm/press-releases?ID=d82a96af-b3e7-4cfe-8f1a-8ca50501784e

Copyright:  (c) 2010 Federal Information & News Dispatch, Inc.
Wordcount:  328

Advisor News

  • IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
  • Help child-free clients plan for their later years
  • When new investment trends emerge, Gen Z is most likely generation to be first in
  • Could ‘plain English’ become an advisor’s secret weapon?
  • IRI urges Senate action on 403(b) parity legislation
More Advisor News

Annuity News

  • Guidance, bulletin or reg? NAIC debates form of annuity illustration update
  • Nationwide adds mutual fund-linked strategy to New Heights Select FIA
  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity News

Health/Employee Benefits News

  • Ohio State University Reports Findings in Managed Care (The Association of Medical Periodicity Adherence and Early Preventive Dental Care With Subsequent Dental Utilization Among Medicaid-insured Ohio Children): Managed Care
  • Data on Managed Care Reported by Researchers at University of Washington (Pediatric Dental Providers’ Experiences With Parent Refusal of Radiographic Imaging): Managed Care
  • Data from University of Georgia Provide New Insights into Mental Health (Prior Authorization Requirements in Medicare Advantage and County Social Vulnerability): Mental Health
  • THE HISTORY OF HOMECARE FRAUD: NGO'S, BUREAUCRATS, AND LABOR UNIONS UNDERMINED MEDICAID FRAUD PREVENTION
  • New York approves increase for health insurance in 2027
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Agam Capital Advises JAB Insurance on Completing the Acquisition and Successful Rehabilitation of Columbian Financial Group
  • Former Lawrence County deputy indicted in alleged life insurance fraud scheme
  • Life insurance sales rise across all product lines in Q2, Wink reports
  • TDCI reminds consumers to focus on future during Life Insurance Awareness Month
  • TDCI reminds consumers to focus on the future during Life Insurance Awareness Month
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.