Collins opposes Obamacare repeal bill despite last-minute changes aimed at Maine - 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
    • Advertise
    • Contact
    • Editorial Staff
    • 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
September 26, 2017 Newswires
Share
Share
Tweet
Email

Collins opposes Obamacare repeal bill despite last-minute changes aimed at Maine

Bangor Daily News (ME)

Sept. 26--AUGUSTA, Maine -- Sen. Susan Collins, R-Maine, announced her opposition on Monday to the Graham-Cassidy bill, a move that could doom the latest Republican effort to repeal the Affordable Care Act.

In a statement, Collins said the bill contained "devastating" Medicaid cuts and could weaken protections for people with pre-existing conditions. She also criticized Maine-centric changes to the bill that emerged Sunday as a "give with one hand, take with the other" model.

"This is simply not the way that we should be approaching an important and complex issue that must be handled thoughtfully and fairly for all Americans," she said.

Collins formally disclosed her decision a day after the bill's sponsors made the package more favorable to Maine relative to an earlier version in order to try to secure her vote. But her final decision was no surprise, since she said last week that she was "leaning against" the bill.

It may sound the death knell for the legislation already opposed by two other Republicans -- Sens. John McCain of Arizona and Rand Paul of Kentucky -- in a chamber their party controls by a 52-to-48 margin.

Democratic senators and the two independents who align with them -- including Sen. Angus King of Maine -- are united in their opposition. Collins was one of three Republicans who in July killed the party's last bid to repeal the health care law informally known as Obamacare.

The current bill -- sponsored by Republican Sens. Lindsey Graham of South Carolina and Bill Cassidy of Louisiana -- would eliminate Affordable Care Act exchange subsidies and a higher reimbursement rate for Medicaid expansion states and replace them with lower block grants.

Supporters have touted the bill as a flexible alternative to past repeal proposals, but an analysis last week from the Kaiser Family Foundation said that from 2020 to 2026 it would amount to a $160 billion cut in federal health care funding.

On Sunday, Graham-Cassidy backers circulated a list of revisions that would redirect additional money to Maine and to Alaska -- the home of Republican Sen. Lisa Murkowski, who voted with Collins and McCain against repeal in July.

On Monday, Cassidy told The Washington Post that he hoped the extra money "would make a difference to Collins." But she told the Post after her vote that President Donald Trump called to lobby her on Monday and she replied that she was "not likely to be a yes."

The revisions indicated that Maine would gain 43 percent more federal funding than under Obamacare. However, they didn't appear to take into account a proposed per-enrollee cap on Medicaid funding.

The Kaiser analysis said that would lead to an overall cut in Maine's funding, and in her statement Collins said if senators "can adjust a funding formula over a weekend to help a single state, they could just as easily adjust that formula in the future to hurt that state."

The move may affect Collins' political future: She is expected to announce before the end of October whether she's going to run to succeed Gov. Paul LePage. After Collins' July vote against repeal, LePage told supporters at a party event that Collins would "back down" from running for governor if the Republican base rejected her.

LePage was with Vice President Mike Pence on Friday urging senators to pass the Graham-Cassidy bill. Pence will appear on Portland radio station WGAN on Tuesday morning.

___

(c)2017 the Bangor Daily News (Bangor, Maine)

Visit the Bangor Daily News (Bangor, Maine) at www.bangordailynews.com

Distributed by Tribune Content Agency, LLC.

Older

2017 Indiana Fiduciary Summit Gathers Employers and Industry Experts to Discuss 401(k) and 403(b) Best Practices

Newer

Radian Announces Early Tender Results and Upsizing of its Previously Announced Cash Tender Offers for Certain Series of Notes

Advisor News

  • Most Americans optimistic about a financial ‘resolution rebound’ in 2026
  • Mitigating recession-based client anxiety
  • Terri Kallsen begins board chair role at CFP Board
  • Advisors underestimate demand for steady, guaranteed income, survey shows
  • D.C. Digest: 'One Big Beautiful Bill' rebranded 'Working Families Tax Cut'
More Advisor News

Annuity News

  • MetLife Declares First Quarter 2026 Common Stock Dividend
  • Using annuities as a legacy tool: The ROP feature
  • Jackson Financial Inc. and TPG Inc. Announce Long-Term Strategic Partnership
  • An Application for the Trademark “EMPOWER PERSONAL WEALTH” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Talcott Financial Group Launches Three New Fixed Annuity Products to Meet Growing Retail Demand for Secure Retirement Income
More Annuity News

Health/Employee Benefits News

  • Lamont: State Health Care Enrollment Up As CT Works To Soften Federal Subsidy Elimination
  • Studies from Duke University School of Medicine Further Understanding of Managed Care and Specialty Pharmacy (Characterizing Medicare Medication Therapy Management program enrollees with central nervous system-active polypharmacy): Drugs and Therapies – Managed Care and Specialty Pharmacy
  • Reports from University of Michigan Provide New Insights into Coronavirus (Continuous Medicaid Eligibility, Child Insurance, and Health Care Use): RNA Viruses – Coronavirus
  • Data on COVID-19 Published by Researchers at Peking University (Socioeconomic Disparities in Childhood Vaccination Coverage in the United States: Evidence from a Post-COVID-19 Birth Cohort): Coronavirus – COVID-19
  • DIFS URGES CONSUMERS WHO NEED HEALTH INSURANCE FOR 2026 TO ENROLL IN A PLAN BEFORE JANUARY 15 DEADLINE
More Health/Employee Benefits News

Life Insurance News

  • Inclined Introduces Mobile App to Simplify Access to Whole Life Insurance Cash Value
  • U-Haul Holding Company to Participate in KeyBanc Capital Markets Self-Storage Investor Forum
  • Clients want independent agents to blend trusted expertise and digital convenience
  • TPG and Jackson Financial Inc. Announce Strategic Partnership to Accelerate Growth
  • Conn. regulators prep PHL Variable for liquidation after selloff fails
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

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

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.5% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
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
  • Advertise
  • Contact
  • Editorial Staff
  • 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