CALPIRG Issues Statement in Opposition to Graham-Cassidy Health Care Bill
"The latest version of health care legislation before the
"The bill known as Graham-Cassidy contains some new elements, such as provisions that give state governments more authority over health care financing and consumer protections. But the basic problems with the previous versions in the
"Most importantly, this bill doesn't even begin to address the biggest problems with the American health care system, starting with the fact that our health care system still fails to provide consumers with an acceptable value proposition.
"To get to a health care system that delivers value for consumers, we need to start holding the health care industry to a higher standard on cost and quality; we need to reform a broken pharmaceutical development system that's leading to skyrocketing drug costs; we need to invest in prevention and empower patients to keep themselves healthy and out of the hospital. This legislation does none of these things, and should be rejected.
"Although providing states with flexibility to design their own health care financing systems could in theory open opportunities for states to pursue efforts to improve the value proposition of health care, tying this flexibility to massive budget cuts and an unrealistically short implementation timetable for states--only two years to overhaul 1/6 of the economy--is far more likely to lead to chaos than to productive policymaking. In the chaos caused by this legislation, experts predict that premiums will go up even further and health insurers may exit markets. The health care system as a whole will be in an even worse position to make the changes American consumers desperately need.
"We urge the


Center for Popular Democracy Issues Statement on Affordable Care Act
Stay Updated With the Latest Car Insurance Plans in October
Advisor News
- Nearly half of nonretirees doubt they will fully retire
- How much could failure to fund Social Security cost average Americans?
- How can more Americans achieve financial independence?
- Savers vs. spenders: How money management attitudes impact financial confidence
- Demonstrating the value of life insurance to Gen Z
More Advisor NewsAnnuity News
- Jackson CEO Laura Prieskorn to retire at the end of 2026
- Has your annuity been reinsured in the Cayman Islands? Here’s why it matters
- DOL slams pension risk transfer lawsuit as ‘opportunistic’ litigation
- AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
- Advisors don’t have an annuity problem; they have an integration problem.
More Annuity NewsHealth/Employee Benefits News
- New dashboard tracks Kansas Affordable Care Act enrollment by legislative district, county
- ICYMI – CANDIDATE COOPER NOW TRYING TO BLAME HIS HEALTH INSURANCE PALS FOR GOVERNOR COOPER'S 57% INCREASE IN HEALTHCARE COSTS IN NC
- Business People: Edric Funk to take over as Toro Co. CEO
- Insurers propose premium increases for ACA customers in Iowa
- How Does New CareScout Long-Term Care Insurance Policy Compare In Cost
More Health/Employee Benefits NewsLife Insurance News
- Best’s Market Segment Report: AM Best Maintains Stable Outlook on Vietnam’s Non-Life Insurance Segment
- AM Best Comments on Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries Following Announced Transaction with Medical Mutual of Ohio
- AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited
- Globe Life boosts Q2 earnings, eyes AI shift for long-term growth
- ATTORNEY GENERAL BRENNA BIRD LEADS FIGHT TO PROTECT IOWA PENSIONS
More Life Insurance News