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

  • Wellmark still worries over lowered projections of Iowa tax hike
  • Wellmark still worries over lowered projections of Iowa tax hike
  • Could tech be the key to closing the retirement saving gap?
  • Different generations are hopeful about their future, despite varied goals
  • Geopolitical instability and risk raise fears of Black Swan scenarios
More Advisor News

Annuity News

  • How to elevate annuity discussions during tax season
  • Life Insurance and Annuity Providers Score High Marks from Financial Pros, but Lag on User Friendliness, JD Power Finds
  • An Application for the Trademark “TACTICAL WEIGHTING” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Annexus and Americo Announce Strategic Partnership with Launch of Americo Benchmark Flex Fixed Indexed Annuity Suite
  • Rethinking whether annuities are too late for older retirees
More Annuity News

Health/Employee Benefits News

  • Wellmark still worries over lowered projections of Iowa tax hike
  • Families defend disability services amid health cuts
  • RANDALL LEADS 43 DEMOCRATS IN DEMANDING ANSWERS FROM OPM OVER DECISION TO ELIMINATE COVERAGE FOR MEDICALLY NECESSARY TRANS HEALTH CARE
  • Trump's Medicaid work mandate could kick thousands of homeless Californians off coverageTrump's Medicaid work mandate could kick thousands of homeless Californians off coverage
  • Senator Alvord pushes back on constant cost increases of health insurance with full bipartisan support
More Health/Employee Benefits News

Life Insurance News

  • Gulf Guaranty Life Insurance Company Trademark Application for “OPTIBEN” Filed: Gulf Guaranty Life Insurance Company
  • Marv Feldman, life insurance icon and 2011 JNR Award winner, passes away at 80
  • Continental General Partners with Reframe Financial to Bring the Next Evolution of Reframe LifeStage to Market
  • ASK THE LAWYER: Your beneficiary designations are probably wrong
  • AM Best Affirms Credit Ratings of Cincinnati Financial Corporation and Subsidiaries
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.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Press Releases

  • RFP #T25521
  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
  • RFP #T25221
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