Ex-Medicare chief blasts GOP bill on health care - 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 16, 2017 Newswires
Share
Share
Post
Email

Ex-Medicare chief blasts GOP bill on health care

Herald Bulletin (Anderson, IN)

June 16--ANDERSON -- The former administrator of the Centers for Medicare and Medicaid predicted more than 310,000 Hoosiers will lose health care coverage if the American Health Care Act is adopted.

Andy Slavitt, who led the centers from March 2015 until January 2017, spoke in a conference call to Indiana reporters on Thursday.

Insurance providers have until Wednesday to notify the state of Indiana if they will continue to provide coverage through health care exchanges.

Anthem Blue Cross recently announced it will not participate in Ohio.

Slavitt said actions by President Donald Trump are undermining the insurance market and that there is now instability in the insurance exchanges.

He said Anthem is re-evaluating its rates in Indiana for 2018 and could eliminate some coverage offerings.

Slavitt said Care Source, another Indiana insurance provider, was seeing rates stabilize and had projected a 2.2 percent increase for 2018 in the state.

He said Hoosiers could see an increase in insurance premiums of $2,425 in 2018 and an increase of $4,620 by 2026.

Indiana insurance rates dropped by 3 percent this year in the exchanges, Slavitt said.

"Indiana is not reliant on one insurer," Slavitt said. "Indiana has a health marketplace. The state is competitive for insurance companies.

He said Indiana has done a better job of pricing than other states. The state is aided by the quality of care in hospitals, he said.

Trump has called the American Health Care Act passed by Republicans in the House "mean," and Republicans in the U.S. Senate are ironing out details in secret, Slavitt said.

"The Republicans in the Senate are rushing to pass a bill," he said. "It will be very close to the harmful bill passed by the House. There have been no hearings and no expert input. We won't know what the bill contains until hours before the vote."

Slavitt said the public needs to be able to read the bill and determine the impact on families in what could take a decade before any changes are made in the future.

"They need to drop the secret hearings," he said. "They need to release the bill before the vote and let people know how it will impact them."

Slavitt said the analysis of the American Health Care Act passed by the House could result in 3 million people losing health care coverage and premiums could increase by 20 percent.

"The House bill allows insurance companies to charge those Americans over the age of 50 five times as much for coverage," he said. "It will cost older Americans up to $8,400 per year."

Slavitt said the bill includes lifetime caps on insurance coverage that could bankrupt families and increase out of pocket costs by 60 percent over the next decade.

He said major health care groups want the House bill to be rejected because it's not good for the health care system.

Follow Ken de la Bastide on Twitter @KendelaBastide, or call 640-4863.

___

(c)2017 The Herald Bulletin (Anderson, Ind.)

Visit The Herald Bulletin (Anderson, Ind.) at www.theheraldbulletin.com

Distributed by Tribune Content Agency, LLC.

Older

Rep. Westerman Votes to Extend Tax Credits for Health Insurance Premiums

Newer

Drugs, health and families: 6 new stats show how children are faring in Idaho

Advisor News

  • Will rising retirement needs spark an annuity boom?
  • Living longer, retiring poorer: Why fragmented systems are failing Americans
  • Women say their advisors respect them, but talk down to them
  • How PEPs compare with traditional 401(k)s
  • Allianz studies why 42% of Americans retire sooner than expected
More Advisor News

Annuity News

  • Reframing retirement income for greater certainty
  • Jackson Introduces Dow Jones Industrial Average Index Option, Flexible Premiums, Six-Year Rate Guarantee in Latest Registered Index-Linked Annuity Launch
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • NAIC regulators continue pushing for annuity illustration updates
  • Wink: Flat first-quarter annuity sales fall just short of $100B
More Annuity News

Health/Employee Benefits News

  • FAIRCARE VERIFICATION OFFERS A HUMAN-CENTERED PATH FOR AI IN MEDICAID
  • Cigna to pull out of individual health market, affecting thousands in Colorado
  • Lawsuit: UnitedHealth misled seniors into dropping Medicare benefits
  • Karnes County weighs employee health insurance increase
  • Ban on prior authorization expected to trim red tape
More Health/Employee Benefits News

Life Insurance News

  • Greg Lindberg moves to halt $1.65B restitution order, claims he ‘overpaid’
  • Fidelity Investments® to Expand Target Date Lineup With Launch of Guaranteed Income Solution
  • KBRA Releases Research – Private Credit: Much Ado About Nothing – Perspectives on Columbia Business School Paper About Private Ratings
  • VUL sales skyrocket in Q1, signaling major market shift
  • KBRA Releases Research – Private Credit: A More Balanced Review of the NAIC PLR Review Process for Insurance Balance Sheets
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
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