Breaking gridlock on Obamacare
For seven years, congressional
As more Americans dropped or skipped coverage because of soaring premiums, lawmakers of the two parties couldn’t — wouldn’t — agree on how to fix the 2010 law.
As insurers narrowed networks of doctors and hospitals or abandoned states entirely,
Then last Thursday President
And lawmakers — here’s a shock — did something about it. Five days after Trump’s declaration Republican Sen.
The other major prong of the deal would help younger, healthier people who say they don’t want, or can’t afford, the comprehensive and expensive insurance Obamacare mandates. Now, cue the usual naysayers —
Their Democratic counterparts on the far left grumble that catastrophic coverage isn’t enough for most Americans and will leave some dangerously undercovered in event of a health crisis. They won’t be satisfied until a single-payer system — national health care for all, controlled and funded by the federal government (that’s you, taxpayers!) — rules the land.
But we like the outlines of the Alexander-Murray deal: It helps two huge groups of Americans.
We’ve argued against pulling the subsidies and undermining already shaky markets before
We’ve also urged lawmakers to give insurers flexibility to offer more choices to customers, not just the rigid gold-silver-bronze plans of Obamacare. That’s a direct pitch to the younger, healthier people who think they don’t need or can’t afford coverage — and who have refused to obtain it. Guess what? They do need coverage for the costly emergencies they can’t anticipate. And insurers should be able to provide the low-cost alternatives Obamacare has largely forbidden.
Americans can start choosing health plans from government exchanges on
As these millions of Americans walk away from its rigidity, Obamacare desperately needs infusions of flexibility and competition. The Alexander-Murray proposal would buy time for that to happen. We hope the two senators can persuade enough colleagues to climb down from their rigid all-or-nothing perches. Millions of people need affordable coverage now.
—



Sickening: U.N. health agency names tyrant Mugabe ‘goodwill ambassador’; rights activists outraged
Odds Of A Deer Collision Are 1 In 94
Advisor News
- 6 in 10 Americans struggle with financial decisions
- Trump bets his tax cuts will please Las Vegas voters on his swing West
- Lifetime income is the missing link to global retirement security
- Don’t let caregiving derail your clients’ retirement
- The ‘magic number’ for retirement hits $1.45M
More Advisor NewsAnnuity News
- Annuity industry grapples with consolidation, innovation and planning shifts
- Human connection still key in the new annuity era
- Lifetime income is the missing link to global retirement security
- ‘All-weather’ annuity portfolios aim to sharply limit rainy days
- Annuity income: The new 401(k) standard?
More Annuity NewsHealth/Employee Benefits News
- Young cancer patients live the longest when they have this insurance: UTA study
- Gyde Acquires Benavest to Expand AI-Powered Brokerage Platform and Accelerate Consumer Health Insurance Growth
- Navigator cuts leave Americans with less help to find Obamacare plans
- Health care deductibles could double, triple after School Board vote
- Trump admin seeks health-care price transparency
More Health/Employee Benefits NewsLife Insurance News
- National Life Group Releases its 2025 Annual Report and Business Highlights
- Is life insurance through an employer enough?
- Best’s Market Segment Report: Australia’s Non-Life Insurance Segment Navigating Growth in a Volatile Landscape
- AI and life insurance: Fast today, unpredictable tomorrow
- Judge allows PHL policyholders to intervene, denies ‘premium holiday’
More Life Insurance News