Biden uses Obamacare anniversary to ding GOP budget plans - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Washington Wire
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
Washington Wire RSS Get our newsletter
Order Prints
March 24, 2023 Washington Wire
Share
Share
Post
Email

Biden uses Obamacare anniversary to ding GOP budget plans

Washington Times, The (DC)

President Biden marked Obamacare's 13th anniversary on Thursday by highlighting coverage gains and re-engaging with GOP lawmakers who've taken cuts to Social Security and Medicare off the table but are eyeing ways to scale back the 2010 health law or place new limits on Medicaid coverage for the poor.

In a speech from the White House, Mr. Biden characterized Republican negotiators as a direct threat to health benefits in the Affordable Care Act, which Democrats muscled to passage in 2010 while Mr. Biden was vice president.

"They've been trying to undo the Affordable Care Act ever since it started 13 years ago. They voted to repeal or weaken the act 50 times in the first five years of [its] existence," Mr. Biden said. "They're backing plans that would gut it again, gut Medicaid."

The speech, which was attended by Vice President Kamala Harris, other administration officials and Democratic lawmakers, was part of a series of events and statements marking the anniversary.

Mr. Biden and his allies see the defense of health programs as safe political ground amid negotiations with House Republicans who want spending cuts in exchange for raising the nation's debt limit.

GOP lawmakers say entitlement programs for seniors — Medicare and Social Security — are not on the chopping block, pivoting the focus to programs like Obamacare or Medicaid.

For years, Republicans have argued for health reforms that target the underlying cost of health care instead of throwing more money at Obamacare subsidies or ballooning Medicaid rolls.

The House Budget Committee targeted supersized Obamacare subsidies in a budgetary framework in February. It wants to "limit Obamacare to its original purpose" by reducing subsidies on the program's exchanges to earlier levels.

Democrats extended supersized subsidies through 2025 as part of Mr. Biden's tax-and-climate legislation last year. The bigger subsidies made the program more attractive and bolstered signups for this plan year.

About 16 million people signed up for private insurance on the law's portals for this year, compared to 11 million when Mr. Biden took office. Another 22 million have joined Medicaid because the law expanded coverage in most states.

"It is 'Obamacare,' and 13 years later we're proud to say it's Obamacare for so many people," Health and Human Services Secretary Xavier Becerra said at an agency celebration of the law, embracing a term that was used as a pejorative during the fight to pass the law.

On the Medicaid portion, some Republicans are revisiting a 2017 proposal that would phase out the Obamacare funding that allowed states to expand the health insurance program for the poor to those making just above the federal poverty level, according to a recent Politico report. The plan would also cap spending under the program.

At the time, the Congressional Budget Office estimated the plan — which never made it into law during the failed GOP repeal effort — would save taxpayers $880 billion over 10 years but would increase the number of uninsured people by 21 million.

Mr. Becerra pushed in the opposite direction Thursday, saying it is time for nearly a dozen holdout states to accept federal Obamacare funds and expand Medicaid eligibility to slightly above the poverty level.

Mr. Biden challenged the GOP side to formalize its positions.

"They want to negotiate. I say, 'I've laid down my budget, and now if you lay down yours, let's negotiate,'" Mr. Biden said. "I don't know where their budget is."

Also Thursday, the administration boasted that 30 states, plus the District, are offering a full year of Medicaid coverage to women following pregnancy. Oklahoma was the most recent state to extend postpartum coverage to 12 months instead of the current mandatory period of 60 days, regardless of changes in life circumstances or income.

The program was established by Mr. Biden's coronavirus-relief package in 2021 and made permanent in the most recent omnibus spending package.

According to the Kaiser Family Foundation, Medicaid pays for about four in 10 births in the U.S.

Older

Alzheimer's volunteer urges Medicare, Medicaid to approve new drug

Newer

Senate budgets billions in further relief after Hurricanes Ian, Nicole

Advisor News

  • Could a narrower focus help grow your practice?
  • U.S. debt hits $40 trillion: how to support concerned clients
  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • Majority of Americans concerned recent market highs are unsustainable
  • GLP-1 users choose between medication and retirement saving
More Advisor News

Annuity News

  • MassMutual Expands Lending Options With New Secured Credit Line
  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
  • IMOs get frustrated with slow carrier adoption of faster technology
  • New class-action lawsuit targets Delaware Life over annuity disclosures
More Annuity News

Health/Employee Benefits News

  • Centene Corp. (NYSE: CNC) Hits New 52-Week Peak
  • Wipro Announces Results for the Quarter Ended September 30, 2026
  • Trump administration bars Pa. and other states from using federal funds on transgender youth care
  • State Health Plan loses bid to stop Atrium program, shifts Atrium to out-of-network tier
  • Capable and experienced
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • SBLI Lowers OmniTrak Term Rates and Expands Underwriting Flexibility
  • Open Enrollment Starts November 1: Tampa Broker Ryan Michalek Urges Families and the Self-Employed to Check 2027 Costs Before They Auto-Renew
  • MassMutual Expands Lending Options With New Secured Credit Line
  • AM Best Affirms Credit Ratings of Aflac Incorporated and Its Subsidiaries
  • AM Best Upgrades Credit Ratings of Dah Sing Insurance Company Limited
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

  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
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.