Far-Left Ideas are Becoming Mainstream - 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
April 22, 2019 Newswires
Share
Share
Post
Email

Far-Left Ideas are Becoming Mainstream

Congressional Documents & Publications

Democrats' central promise on health-care reform used to be, "If you like your health-care plan, you can keep it." As many of us predicted during debates about Obamacare, that turned out not to be true. Millions of Americans lost their chosen health plans after the disastrous law took effect.

Ambitions on the political left have become more extreme since, with so-called "Medicare for All" emerging as the popular new idea. Senator Bernie Sanders introduced a proposal that has won the support of four other Democratic senators running for President and received praise from much of the field. A companion bill in the House now has 108 cosponsors, apparently abandoning the idea of protecting Americans who are satisfied with their current plans.

Today's advocates are more upfront about the effects of these proposals than in the past, openly calling for 180 million Americans currently on private and employer-sponsored health insurance to lose their plans in a government takeover of the industry.

This would not just end the private insurance most Americans prefer - it would bankrupt Medicare and likely bankrupt us all. "Medicare for All" would really mean Medicare for none.

"Medicare for All" is Not What it Sounds Like

Medicare is a vital part of our nation's health-insurance system. It provides certainty to millions of Americans over the age of 65, including almost 600,000 Mississippians. These seniors paid into this program when they worked and younger Americans are paying into the system today. Young people deserve assurances that a solvent Medicare will be there for them when they retire.

According to an independent study, Medicare for All would destroy this system. Research by the Mercatus Center shows that it would cost taxpayers $32 trillion over ten years and $170 trillion over 30 years, ballooning our nation's debt.

Proponents of bad ideas often fall silent when asked how to pay for them. Our country has experienced historic economic gains, with impressive wage growth for low-skill workers, since Congress lowered tax rates almost a year and a half ago. A program like Medicare for All would require new and higher taxes on Americans at every income level, especially the poor and middle class. This would reverse the progress we have made, hurting families, businesses, and individuals and lowering our country's prospects for growth.

Association Health Plans Could Cover 400,000 Previously Uninsured People

Choice and competition, not government, made the American health-care system one of the best and most innovative in the world. But anyone who has paid for health insurance knows that prices are high and continue to climb. This is a serious problem worthy of Congressional consideration. Unrealistic, destructive proposals only serve as distractions.

President Trump issued a new rule last summer that has allowed small businesses, farmers, restaurant owners, and the self-employed to join together to purchase health insurance, including plans across state lines. This rule gives smaller employers the power to negotiate lower prices similar to larger companies. I am encouraged that 30 of these Association Health Plans (AHPs) have formed under the new rule already. According to the non-partisan Congressional Budget Office, 4 million people are expected to enroll in AHPs by 2023, 400,000 of whom would otherwise be uninsured. I cosponsored legislation in mid-April to protect these plans so that more Americans can benefit from them.

There is a path forward to improve our health-care system and keep our promises to Americans. Health-care reformers should preserve what works and fix what does not.

Read this original document at: https://www.wicker.senate.gov/public/index.cfm/press-releases?ID=CFC473C6-E5FA-4CF6-96E8-4DB5BBC3FBE8

Older

New Agricultural Insurance Study Results from Northeast Agricultural University Described (Analysis of Behavior Characteristics of the Main Body of Crop Insurance Under Asymmetric Information Environmental Condition)

Newer

Annuity Check Arrived Every Month For 40 Years, Then ‘Just Disappeared’

Advisor News

  • Two lessons career changers wish they knew before starting the CFP journey
  • Americans less confident about retirement as worries grow
  • 6 in 10 Americans struggle with financial decisions
  • Trump bets his tax cuts will please Las Vegas voters on his swing West
  • Lifetime income is the missing link to global retirement security
More Advisor News

Annuity News

  • Axonic Insurance Annuities, Built for Banks, Broker-Dealers and RIAs, Now Available through WealthVest.
  • Allianz Life Adds New Accumulation-Focused Fixed Index Annuities
  • Allianz Life adds new accumulation-focused FIAs
  • Industry objects to ‘tone and tenor’ of draft NAIC Annuity Buyer’s Guide
  • Annuity industry grapples with consolidation, innovation and planning shifts
More Annuity News

Health/Employee Benefits News

  • Georgia Democrats decry steep drop in ACA enrollment
  • Final roundup of new health bills from last days '26 General Assembly, including veto overrides
  • Researcher from Chinese Academy of Medical Sciences Details New Studies and Findings in the Area of Cancer (Abstract LB247: Effects of health insurance on survival for five common cancers in China: A multicenter, hospital-based, retrospective …): Cancer
  • How to make a high-deductible health plan work for you
  • Attorney Richard House Joins Cody Allison & Associates, PLLC
More Health/Employee Benefits News

Life Insurance News

  • CMFG Life Insurance Company Trademark Application for “ADVANTEDGE ANALYTICS” Filed: CMFG Life Insurance Company
  • AM Best Downgrades Credit Ratings of American Southern Group’s Members; Affirms Credit Ratings of Atlantic American Corporation and Bankers Fidelity Life Insurance Group’s Members
  • Federated Insurance celebrates record-setting year at 122nd annual policyholders meeting
  • Life insurance tips: 5 underwriting concerns for clients living abroad
  • Prudential extends Japan sales ban another 6 months at a total $1B loss
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

Protectors Vegas Arrives Nov 9th - 11th
1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.

A FIA Cap That Stays Locked
CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.

Aim higher with Ascend annuities
Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Leveraging Underwriting Innovations
See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Press Releases

  • RFP #T01325
  • RFP #T01325
  • RFP #T01825
  • RFP #T01825
  • RFP #T01525
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