Some In GOP Fear Tumbling Off A Political Cliff Over ACA Repeal - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Washington Wire
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
Washington Wire RSS Get our newsletter
Order Prints
December 12, 2016 Washington Wire
Share
Share
Post
Email

Some In GOP Fear Tumbling Off A Political Cliff Over ACA Repeal

Associated Press

WASHINGTON (AP) — Republicans are eagerly planning initial votes next month on dismantling President Barack Obama's health care law, a cherished GOP goal. But many worry that while Congress tries to replace it, the party will face ever-angrier voters, spooked health insurers and the possibility of tumbling off a political cliff.

Republicans have said they first want to vote to unwind as much of the health care law as they can, though it wouldn't take effect for perhaps three years. That's to give them and new President Donald Trump time to write legislation constructing a new health care system — a technically and politically daunting task that has frustrated GOP attempts for unity for years.

Many congressional Republicans worry they'd be vulnerable during the transition period between a repeal vote and actually replacing Obama's law with a new system. Twenty million people now covered would face uncertainty about their future benefits, while unsettled health insurers might quickly start boosting premiums or stop selling policies in some areas to protect themselves.

In both cases, public wrath could be aimed at the party controlling the White House and Capitol — the GOP.

"It's going to be a difficult challenge to pass a replacement" for Obama's law and make sure some people don't lose coverage, Sen. Susan Collins, R-Maine, said. Health insurers will need time to adjust to a new system and if Congress waits until the last minute to enact a new law, "It's not going to work," she said.

A related fear: Congress and Trump enact legislation dismantling Obama's law but as the clock ticks down to its expiration, the GOP remains divided over replacing it. The political imperative for Republicans to pass something would be overwhelming but with Congress being Congress, there are no guarantees.

"When you set up a cliff, you can go over it," Rep. Charlie Dent, R-Pa., said.

Many Republicans insist that won't happen. They view setting an end date on Obama's law as a way to force congressional action on replacing it without hurting consumers.

"There needs to be a reasonable transition period so people don't have the rug pulled out from under them," House Speaker Paul Ryan, R-Wis., told reporters last week.

But in one of many questions dividing Republicans, they differ over what a reasonable transition period means.

No. 2 Senate Republican, John Cornyn of Texas, said there will likely be a three-year gap between Congress' votes to repeal Obama's law and when that would actually kick in.

"We're not going to let anybody fall through the cracks," Cornyn said.

Other Republicans, particularly in the House, worry that three years is too long to leave voters, insurers and health care providers in suspense. Eager to prevent a drawn-out effort to pass new health care legislation from spinning into a damaging issue for the 2018 campaigns, many want the process to take a year or less.

"I hope it's not years with no replacement," said Rep. Steve Stivers, R-Ohio, who next year will head the National Republican Congressional Committee, the House GOP's political organization. "Quality matters more than speed, but speed can't be ignored. You don't want the American people to feel too uncomfortable for too long."

Rep. Jeff Denham, R-Calif., re-elected narrowly last month, said he wants Republicans to "provide certainty" within a year.

He said that means showing in January "not only what our vision is, but putting it in print, start passing it through committees and get some consensus with the Senate. But it is something that we need to resolve within the year."

Republicans have yet to decide what their replacement will look like.

Though details are scant, Trump and Ryan have proposed tax breaks to help people pay insurance premiums. Both want to eliminate Obama's mandate that most individuals get coverage and most employers cover workers, but that could be replaced with a requirement that people maintain "continuous" coverage or face higher premiums.

Democrats, who enacted Obama's law in 2010 over solid GOP opposition, have signaled they won't help Republicans demolish it.

"Bring it on," Sen. Chuck Schumer, D-N.Y., next year's minority leader, said of GOP repeal efforts. "They have nothing to put in its place."

Ryan and Senate Majority Leader Mitch McConnell, R-Ky., said last week that the GOP-controlled Congress plans to pass a procedural measure in January that will let Republicans push repeal legislation through the Senate later with just a simple majority.

That's important because with the Senate GOP holding a 52-48 majority next year, Democrats would otherwise be able to block a repeal bill unless it gets 60 votes.

The early procedural vote could also signal that the GOP is intent on repealing Obama's law, while saving the more difficult details for later.

They are still deciding what that part of the process will look like — and what their replacement will be.

Older

All-Pro Bail Bonds of California Marks 10th Anniversary

Newer

What’s On The Horizon For P&C Insurers In 2017?

Advisor News

  • Midlife planning for women: why it matters and how advisors should adapt
  • Tax anxiety is real, although few have a plan to address it
  • Trump targets ‘retirement gap’ with new executive order
  • Younger investors are engaged and advisors must adapt
  • Plugging the hidden budget leaks of retirement
More Advisor News

Annuity News

  • Corebridge Financial, Equitable Holdings post Q1 earnings as merger looms
  • AM Best Assigns Credit Ratings to Calix Re Limited
  • Transamerica introduces new RILA with optional income features
  • Transamerica introduces RILA with optional income features
  • American Life expands into Wyoming and Mississippi markets
More Annuity News

Health/Employee Benefits News

  • North Dakota small business owners lament rising healthcare costs, credit card swipe fees
  • NC's new Medicaid 'compromise' comes at a cruel and frightful cost
  • VA to host claims and enrollment clinic in Hutch
  • Data from Brown University Provide New Insights into Managed Care (Substantial Variation In Administrative Spending and Profit Across State Insurance Markets, 2023): Managed Care
  • Studies from Parth Sheth et al in the Area of Epidemiology Described (Graphical Structure Learning Identifies Hypothesized Mechanisms for Heterogeneous Treatment Effects in Medicaid Population Health Programs): Health and Medicine – Epidemiology
More Health/Employee Benefits News

Life Insurance News

  • Genworth Financial Announces First Quarter 2026 Results
  • Transamerica agrees to $57M settlement in cost-of-insurance lawsuit
  • The next step for AI in insurance — partnerships to scale
  • Your clients are sitting on underused assets
  • National Life Group Names Jason Doiron CEO of NLG Capital to Lead the Next Phase of Growth
More Life Insurance News

- Presented By -

NEWS INSIDE

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

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

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

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

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
  • RFP #T01325
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