EDITORIAL: Senate health care bill shows GOP has lost its way - 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
June 23, 2017 Newswires
Share
Share
Post
Email

EDITORIAL: Senate health care bill shows GOP has lost its way

San Diego Union-Tribune (CA)

June 23--A case can be made that the Senate Republicans' bill to replace the troubled Affordable Care Act is better than the House Republicans'. But its two giant flaws -- denying ready access to health insurance for millions of people and providing nearly $1 trillion in long-term tax cuts to the wealthy and to corporations -- overwhelm arguments in its favor.

Yes, as conservative health-care expert Avik Roy argues, it insulates the elderly poor from devastation by keeping Obamacare's income-based subsidies for health insurance purchased on the federal exchange instead of the age-based subsidies House Speaker Paul Ryan wanted. Yes, those with pre-existing conditions could obtain insurance more easily -- although with policies that may not protect against huge medical bills and with none of Obamacare's certainty. And yes, it creates strong cost incentives for governors to make sure Medicaid actually improves health-care outcomes -- a great idea considering the contrary evidence from a study of more than 20,000 Medicaid patients in Oregon.

But a timely New England Journal of Medicine analysis published Wednesday lays out the downside of returning to the pre-Affordable Care Act era of societal callousness about poor and middle-income Americans who can't afford health insurance. The study cites compelling evidence that providing access to health care improves a wide range of health outcomes, reduces deaths and is cost-effective compared to federal laws providing workplace safety and environmental protections.

While the Senate bill may not cause 23 million people to lose their health insurance -- as was forecast for the House bill -- nearly as many seem likely to lose coverage, because the Obamacare expansion of Medicaid eligibility would be reversed and because of affordability. Under the Senate plan, for example, people in their 50s would face premiums of more than $1,000 a month on the federal exchange -- up 13 percent from today. Republicans haven't solved their conundrum: The uproar over how the Affordable Care Act's mandates made health insurance so expensive has driven the GOP's nationwide success since 2010, but the party's proposed fixes offer little or no relief to many Americans.

Which brings us to the most perverse part of this policy fight: Far and away the biggest beneficiary of the Senate bill -- much more so than young people whose premiums would drop in cost -- are the very wealthy. About 40 percent of the bill's $992 billion in tax cuts -- achieved by reversing Obamacare tax hikes -- goes to those in the top 1 percent of income. Only in the modern Republican Party could what passes for health care reform include a massive tax cut for millionaires and billionaires.

A recent Democracy Fund Voter Study Group analysis found that millions of disaffected populist voters -- people who think the system is rigged against the little guy -- helped Trump become president. The same analysis showed that Trump voters strongly support preserving the social safety net. It's almost inconceivable that Trump's first big policy victory could hammer the little guy, batter the middle class and most help those who don't need help. If that happens, the president and the GOP will have defined themselves in damning fashion.

Twitter: @sdutIdeas

Facebook: San Diego Union-Tribune Ideas & Opinion

___

(c)2017 The San Diego Union-Tribune

Visit The San Diego Union-Tribune at www.sandiegouniontribune.com

Distributed by Tribune Content Agency, LLC.

Older

More South Florida ACA enrollees means reform stakes are higher

Newer

Rep. DeLauro Slams Senate Republican Health Care Bill

Advisor News

  • What advisors must know about accessible client documents
  • Your client texted. Now what? The compliance rules advisors better know
  • Helping small-business owners build, grow and exit
  • Help women break through their retirement roadblocks
  • Advisors await SEC decision on Vanguard fair fund distribution
More Advisor News

Annuity News

  • Wink: Annuity sales post strong Q2, led by MYGAs and structured products
  • Legacy Marketing Group partners with Malibu Life USA for annuity launch
  • Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
  • When technology becomes easy to rent, what still separates life and annuity carriers?
  • Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
More Annuity News

Health/Employee Benefits News

  • CareFirst should have seen alleged fraud 3 years earlier, defendants say
  • Where CT Residents Can Get Free Help Navigating Medicare
  • Liaoning University Study Examines Legal Regulation of Integrated Care Under Long-Term Care Insurance
  • Proposed Medicaid Cuts Could Cost Maternal and Children's Health Care Billions
  • Trump administration cuts health care coverage for some transgender youth in California
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Taxpayers are on the hook if Dodgers owner's insurance companies go under
  • Lincoln Financial Research Finds 78% of Families Haven’t Discussed Life Insurance
  • Venus Williams to headline speaker roster for Finseca 2027 experience
  • How advisors can get clients to act sooner on life insurance
  • AM Best Affirms Ratings of Crum & Forster, Monitor Life of New York
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

  • 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.