Hoyer Statement on Projected Premium Increases Due to Republican Sabotage - 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
    • Advertise
    • Contact
    • Editorial Staff
    • 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
July 25, 2018 Newswires
Share
Share
Tweet
Email

Hoyer Statement on Projected Premium Increases Due to Republican Sabotage

Congressional Documents & Publications

July 25, 2018

Hoyer Statement on Projected Premium Increases Due to Republican Sabotage

WASHINGTON, DC - Congressman Steny H. Hoyer (MD-05) released the following statement after the Center for American Progress released a report detailing the significant cost Republican efforts to sabotage health insurance markets will have on families in Maryland:

"Republican efforts to sabotage health insurance markets are already having real-world consequences for hardworking families in Maryland. By injecting instability into health insurance markets, the Trump Administration and Republicans in Congress are increasing health care costs for thousands of Marylanders and putting coverage at risk for thousands more. "The report released by the Center for American Progress highlights the lasting effect that Republican efforts to sabotage health care in our country will have on families in our state. Congress ought to be working to expand access to affordable health care to all Americans. I will continue to urge my Republican colleagues to abandon their efforts to undermine health insurance markets, and instead work with Democrats to bring down costs and expand coverage." According to the Center for American Progress report, many Marylanders in the Fifth District will see a significant increase in their premiums in 2019 as a result of Republican sabotage. The estimated impact of Republicans' sabotage will mean:

* A 40-year-old individual will pay an extra $590.

* A family of four will pay an extra $1,860.

* A 55-year-old couple will pay an extra $2,040.

Annaliese Davis

Press Secretary

U.S. Congressman Steny H. Hoyer (MD-05)

House Democratic Whip

Office: (202) 225-4131

Older

PELOSI — Remarks at Press Event to Mark Medicare & Medicaid Anniversary, Unveil Report on Years of GOP Attacks on Seniors, Demand Action to Negotiate Drug Prices

Newer

Insurance agent sentenced to prison for fraud

Advisor News

  • 5 things I wish I knew before leaving my broker-dealer
  • Global economic growth will moderate as the labor force shrinks
  • Estate planning during the great wealth transfer
  • Main Street families need trusted financial guidance to navigate the new Trump Accounts
  • Are the holidays a good time to have a long-term care conversation?
More Advisor News

Annuity News

  • Product understanding will drive the future of insurance
  • Prudential launches FlexGuard 2.0 RILA
  • Lincoln Financial Introduces First Capital Group ETF Strategy for Fixed Indexed Annuities
  • Iowa defends Athene pension risk transfer deal in Lockheed Martin lawsuit
  • Pension buy-in sales up, PRT sales down in mixed Q3, LIMRA reports
More Annuity News

Health/Employee Benefits News

  • House GOP passes 'first step' health care bill, considers broader package in 2026
  • Speaker Johnson Says He Will Not Call for a Vote to Extend Healthcare Subsidies
  • Study Findings from Danielle Laperche-Santos et al Broaden Understanding of Breast Cancer (Impact of public vs. private insurance coverage on quality of life of women with early-stage estrogen receptor-positive breast cancer): Oncology – Breast Cancer
  • Becky Johnson: Why are health coverage costs increasing under the Affordable Care Act in North Carolina?
  • IDHW hears concerns on Medicaid managed care transition
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Best’s Market Segment Report: Hong Kong’s Non-Life Insurance Segment Shows Growth and Resilience Amid Market Challenges
  • Product understanding will drive the future of insurance
  • Nearly Half of Americans More Stressed Heading into 2026, Allianz Life Study Finds
  • New York Life Investments Expands Active ETF Lineup With Launch of NYLI MacKay Muni Allocation ETF (MMMA)
  • LTC riders: More education is needed, NAIFA president says
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

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
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
  • Advertise
  • Contact
  • Editorial Staff
  • 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
© 2025 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