EDITORIAL: Apply the Portman test - 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
July 16, 2017 Newswires
Share
Share
Post
Email

EDITORIAL: Apply the Portman test

Akron Beacon Journal (OH)

July 16--U.S. Sen. Rob Portman has been consistent in describing what he wants. The Ohio Republican reiterated his view in a statement last week after Mitch McConnell, the Senate majority leader, unveiled the latest proposal to overhaul the Affordable Care Act. Portman says he wants "to create a more workable [health care] system that lowers the cost of coverage, provides access to quality care and protects the most vulnerable in our society."

The senator opposed the initial draft put forward by McConnell, albeit just after it was withdrawn. He rightly objected to the changes in Medicaid, the joint federal-state health care program for the poor, disabled and indigent elderly. He indicated the draft did not do enough to slow rising premiums and deductibles, or ensure adequate choices for those buying health coverage on their own. He long has criticized the Affordable Care Act for falling short of these marks.

How does the new draft perform against the Portman test?

Not well. The senator eventually may persuade himself that enough improvements have been made, or see support as some kind of political necessity. On the merits, this version fails to address the concerns he has voiced.

Take Medicaid. The expansion, which has proved so helpful for Ohio, would end, essentially. The shrinking federal support would leave states with a financial burden they could not afford. Medicaid overall would be slashed through harsh limits on annual spending increases, the program 35 percent below current projections by 2036. That would come at the expense of the "most vulnerable," including many children, one of every two in Ohio covered by Medicaid.

The new draft does include an additional $45 billion to address the opioid epidemic during the next decade, attending to a leading Portman concern. That may seem like a large sum. Then again, Ohio alone spends nearly $1 billion a year on the epidemic.

As many experts in the field stress, those with addictions need more than drug treatment. They often require care for mental illnesses and a range of other ailments and conditions.

The proposal also allows room for easing the spending limits in public health emergencies. Yet this provision would expire in 2024, and it hardly begins to make up for the overall reduction of $770 billion or so in Medicaid.

The senator must be disappointed to see the inclusion of the Cruz amendment, which invites insurers to offer skimpy, less costly coverage to healthier people while excluding others with prior illnesses. Thus, markets would be divided, much as they were before the Affordable Care Act, those with pre-existing conditions, in particular, at a loss, facing the escalating premiums and deductibles the senator seeks to avoid.

The expectation is that by early next week, the Congressional Budget Office will report its score of the new proposal. If Mitch McConnell has added tweaks and sweeteners, the basic structure of this cruel overhaul remains the same. And if, as the debate continues next week, Senate Republicans find a way to reduce by half the current estimate of adding 22 million to the uninsured, 11 million would be acceptable?

Rob Portman has promised to deliver something better. That actually could get done -- once he holds to what he wants, provides the vote to reject this version, Democrats and Republicans with little choice but to work together on the repairs the Affordable Care Act needs.

___

(c)2017 the Akron Beacon Journal (Akron, Ohio)

Visit the Akron Beacon Journal (Akron, Ohio) at www.ohio.com

Distributed by Tribune Content Agency, LLC.

Older

As GOP targets Medicaid, what constitutes a cut?

Newer

Patient advocates still opposed, senators still support new health-care bill

Advisor News

  • Succession planning: Building the future of your practice
  • From loss to security: Supporting widowed clients with life insurance
  • Plan now for lower Social Security benefits later
  • The conversation almost no advisor is having yet
  • Why advisors should offer retirement-longevity planning
More Advisor News

Annuity News

  • Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
  • Industry pushes back on linking ‘financial strength’ to annuity illustrations
  • Sammons Enterprises & Sammons Financial Group Respond to Reports
  • The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
  • Cayman Islands premier to meet with U.S. reinsurance regulators
More Annuity News

Health/Employee Benefits News

  • What Luigi Mangione’s celebrity says about Gen Z (Opinion)
  • New Medicaid rules could hit 600,000 Oregonians. Many may not know it
  • Luigi Mangione’s double jeopardy gambit could see him freed from prison before he turns 60
  • QANDA: FRAUD DRIVES UP HEALTHCARE COSTS
  • New Mexico to continue funding gender-affirming care for minors as Medicaid ends coverage
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Record IUL sales don’t diminish the need for continued customer engagement
  • Benchmark International Successfully Facilitated the Transaction Between National Group Marketing Trust and New Era Life Insurance Companies
  • Why the bond market is flexing its muscles, and why everyone needs to care
  • An Application for the Trademark “LIVE TODAY, SECURE TOMORROW.” Has Been Filed by Security Mutual Life Insurance Company of New York: Security Mutual Life Insurance Company of New York
  • Modern Woodmen board selects Shea Doyle as next president and CEO
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

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
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