Hoeven Forgets BCRA Includes Nearly $800 Billion in Cuts to Medicaid - Insurance News | InsuranceNewsNet

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July 27, 2017 Newswires
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Hoeven Forgets BCRA Includes Nearly $800 Billion in Cuts to Medicaid

Targeted News Service (Press Releases)

BISMARCK, N.D., July 26 -- The North Dakota Democratic-NPL Party issued the following news release:

Last night, Senator John Hoeven forgot about a few things. 772 billion things, to be exact.

That's how much Medicaid spending would be cut under the deeply unpopular Better Care Reconciliation Act (BCRA). Last night, Hoeven voted in favor of the bill, after announcing just two weeks ago that he opposed it due to concerns about "the bill's impact on Medicaid."

"We hope Senator Hoeven hasn't also forgotten about 90,000 North Dakotans who rely on Medicaid for access to lifesaving care," said Democratic-NPL spokesperson Daniel Tick. "We're sure this was an honest mistake that Sen. Hoeven will be eager to correct as the Senate continues voting over the next few days on measures that threaten to dismantle Medicaid and jeopardize health insurance for tens of thousands of North Dakotans."

Across the state, 90,000 North Dakotans rely on Medicaid, including 36,000 children. The BCRA - which was widely panned by health care organizations in North Dakota and across the country - would have cut Medicaid by an estimated $772 billion in the first decade, and by 35 percent over 20 years. Fortunately, the bill was decisively rejected by the Senate after nine Republicans - but not Hoeven - voted against it.

It's OK, Senator. Sometimes we forget things, too.

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July 22, 2026 Newswires
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USAA introduces Secure Start whole life program for children

By Press Release

San Antonio, TX — July 22, 2026 — USAA Life Insurance Company is expanding its life insurance portfolio to serve families across generations with the launch of USAA Secure Start™ Whole Life. This new insurance product for children is designed to do more than provide financial protection in the unexpected – it makes it easier for parents and grandparents to build lasting coverage that grows with a child over time.

 

The USAA Educational Foundation reports that military life is shaped by frequent transitions that require proactive financial planning. By securing coverage early, Secure Start helps families lock in guaranteed insurability and create a financial foundation that can support children throughout their lives.

 

“Military families face unique financial demands, and many are balancing today’s needs with tomorrow’s goals,” said Rob Arena, President of USAA Life Insurance Company. “Secure Start is designed to meet families where they are—making it simple to begin building protection and financial resilience for the next generation early, so children can carry that foundation with them for life.”

 

Building a Foundation for the Future

Secure Start provides coverage for children from 15 days to 17 years old, with protection options ranging from $25,000 to $100,000. Designed to grow alongside them, it helps ensure their financial foundation evolves as their life does. Key features of the product include:

 

·       Guaranteed Future Insurability: Ability to increase coverage up to six times after major life events without a medical exam.

·       Lifelong Financial Value: As a permanent life insurance solution, Secure Start builds cash value over time, which can be helpful in the future.

·       Flexible Premium Options: Choose level premiums for life or complete payments in 20 years, giving your child or grandchild lifelong coverage with no future premiums required.

·       Fast, Simple Application: Answering a few simple health questions makes it easier to secure permanent protection – without unnecessary delays.

 

“Our goal is to get families talking – no matter where they are in life,” said Arena. “USAA is here to help them understand their needs and take steps toward a stronger financial future.”

 

USAA recognizes that financial protection is not one-size-fits-all, and its recent product expansion reflects a focused commitment to serving a broader range of member needs. Secure™ Whole Life provides dependable, lifelong coverage with stable premiums and cash value growth, while Secure™ Final Expense – introduced last month – offers a simple, accessible way to help cover end-of-life costs and ease the financial burden on loved ones.

 

Together, these offerings demonstrate USAA’s ongoing effort to meet families where they are, whether they’re just beginning to plan or looking to strengthen existing coverage, and help them take meaningful steps toward lifelong financial preparedness.

 

To explore USAA Life Insurance Company’s full range of offerings designed to support members at every stage of life, visit usaa.com/life.

 

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Advisor News

  • Nearly half of nonretirees doubt they will fully retire
  • How much could failure to fund Social Security cost average Americans?
  • How can more Americans achieve financial independence?
  • Savers vs. spenders: How money management attitudes impact financial confidence
  • Demonstrating the value of life insurance to Gen Z
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  • Agentic AI is transforming insurance sales both for consumers and agents
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Life Insurance News

  • Agentic AI is transforming insurance sales both for consumers and agents
  • USAA introduces Secure Start whole life program for children
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