Abortion impasse may shut down effort to reduce premiums - 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
March 19, 2018 Newswires
Share
Share
Post
Email

Abortion impasse may shut down effort to reduce premiums

Associated Press

WASHINGTON (AP) — The polarizing politics of abortion have burst into the congressional budget debate, overwhelming bipartisan efforts to help millions of consumers who buy their own health insurance policies get relief from soaring premiums.

On Monday, Senate and House Republicans released their latest plan to stabilize the Affordable Care Act's insurance markets. It calls for new federal money to offset the cost of treating the sickest patients and restores insurer subsidies that President Donald Trump terminated last year.

That's clearly a shift from when repealing "Obamacare" was the GOP's demand. But the fine print of the GOP offer includes restrictions on abortion funding that Democrats have already rejected, a "poison pill" to abortion rights supporters. They say the proposal could block abortion coverage by some health insurance plans consumers purchase with their own money.

Lawmakers of both parties have been negotiating over a health insurance stabilization bill for months, but chances it will be added to the budget deal appear to be dwindling. Some experts estimate such legislation could reduce premiums by 20 percent to 40 percent, after two years of relentless increases.

The office of one of the leading Democratic negotiators, Sen. Patty Murray of Washington, on Monday called the Republican offer "partisan," saying in a statement it came as a surprise.

In an interview last Friday, Murray said her GOP counterparts have only recently started raising the issue of abortion restrictions.

"To me that is just unacceptable," Murray said. "Why would they add it on at the last minute?" She complained that some Republicans were taking the stabilization bill "hostage."

Republicans say their longstanding support for restrictions on abortion funding is well-known.

Abortion is just one of several divisive social issues complicating prospects for a $1.3 trillion spending bill that would keep the government open and provide funding increases for military and domestic programs.

Others include a Republican demand for stronger "conscience" protections for clinicians, and a Democratic maneuver to protect family planning money for Planned Parenthood clinics, which provide birth control for many low-income women.

Federal funding for abortion has long been restricted by a series of laws known as the Hyde amendment, which prohibit taxpayer funds from being used to pay for abortions, expect in cases of rape, incest or when the woman's life is endangered.

Abortion remains a legal medical procedure in the United States, covered by many employer plans. However, the abortion rate has dropped significantly, from about 29 per 1,000 women of reproductive age in 1980 to about 15 in 2014. Better contraception, fewer unintended pregnancies and state restrictions may have played a role, according to a recent scientific report.

Former President Barack Obama's Affordable Care Act attempted a compromise over abortion coverage.

Passed with only Democratic votes, the health law allowed plans sold through HealthCare.gov to cover abortion, provided they didn't tap taxpayer subsidies that help consumers pay premiums. Instead the plans must collect a separate premium for abortions, and keep the accounts strictly separate.

The ACA also allowed states to prohibit abortion coverage in their insurance markets, and about half have done so.

But abortion opponents decried Obama's compromise as a bookkeeping exercise. They wanted the Hyde amendment applied to plans sold through HealthCare.gov and state insurance markets.

The new GOP bill would apply Hyde restrictions to two streams of federal money.

One is restored subsidies that compensate insurers for required discounts on copays and deductibles for low-income people.

The second funding stream would stabilize insurance markets by helping cover costs for the sickest patients.

Abortion rights supporters say that the second prohibition could result in abortion restrictions for health insurance that consumers buy with their own money outside of HealthCare.gov. That's because a fund to help with the costs of the sickest patients would help reduce premiums across all plans in a given state.

Sen. Lamar Alexander, R-Tenn., a leading negotiator for the GOP, tried to debunk such concerns late Monday, telling reporters "there's no chance of that."

Alexander pointedly reminded Democrats that Congress and the White House are under GOP control and the Hyde restrictions represent what Republicans can accept.

Other Republicans say they've already compromised, by signing onto legislation that tries to fix problems with the ACA.

"I'm willing to ensure payments are there to bring premiums down," said Rep. Chris Smith, R-N.J. "But we don't want to be complicit in taking the lives of unborn children."

AP Writer Alan Fram contributed to this report.

Older

Gov. Tom Wolf to deliver commencement at York College

Newer

Supreme Court rules against Larimore crash victims on damages cap

Advisor News

  • The overlooked retirement security risk that must be addressed
  • What advisors should know about hedge funds in retirement planning
  • Retirement control is top success measure for middle class, ACLI says
  • Industry groups applaud House passage of Financial Exploitation Prevention Act
  • Younger workers more likely to be eligible for a retirement plan after changing jobs
More Advisor News

Annuity News

  • Malibu Life Holdings Completes Acquisition of TruSpire, Establishing Malibu USA and Accelerating Entry into the U.S. Retail Annuity Market
  • Why job boards are failing insurance agencies
  • MassMutual Ranks No. 100 on the 2026 Fortune 500® List
  • What’s fueling record annuity growth?
  • Jackson Named InvestmentNews 2026 Annuities Provider of the Year
More Annuity News

Health/Employee Benefits News

  • Millions of people drop ACA coverage amid jump in prices Millions drop ACA coverage amid price jump. Did fraud inflate signups? (copy)
  • Former city DPW director wants opportunity to 'defend my actions' in light of separation agreement
  • CDPHP, MVP Health Care among insurers seeking rate increases
  • How health insurers get a free pass to deny coverage from a 52‑year‑old law meant to protect worker pensions
  • Reports from Capital One AG Describe Recent Advances in Managed Care (Factors Affecting Medical Appointment Adherence among Adolescents and Young Adults with Kidney Disease: A Longitudinal Cohort Study): Managed Care
More Health/Employee Benefits News

Life Insurance News

  • NAIFA praises House committee approval of Clarity for Compensation Act
  • PHL Variable liquidation pushed out to 2027, Connecticut regulators say
  • ‘Recession-Proof’ Insurance Is Trending. Safety Net or Scam?
  • Winged Keel Group Expands National Presence and PPLI Leadership, Welcomes SBSI, Inc. (dba NFP Insurance Solutions)
  • MassMutual Ranks No. 100 on the 2026 Fortune 500® List
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

A MYGA for Clients Hesitant to Commit to One Long-Term Rate
First-year certainty. Annual rate updates. Get the CurrentRate® MYGA Sales Kit.

Elite Networking & Insights Await at the Event of the Year
The industry's premier conference for leaders driving what’s next in financial services.

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
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.
Insurance News | InsuranceNewsNet