Leader McCarthy on the Air: If You Want to See Obamacare Replaced, This Is It - 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
March 10, 2017 Newswires
Share
Share
Post
Email

Leader McCarthy on the Air: If You Want to See Obamacare Replaced, This Is It

Targeted News Service (Press Releases)

WASHINGTON, March 9 -- House Majority Leader Kevin McCarthy, R-Calif., issued the following news release:

House Majority Leader Kevin McCarthy (CA-23) spoke this morning on Fox News' Fox & Friends, CBS This Morning, and the Hugh Hewitt show about Republican's three-phase plan to repeal and replace Obamacare and why the President is on board with the House's legislation.

"If you want to see Obamacare replaced, this is the best opportunity to do it."

Fox and Friends

https://www.youtube.com/watch?feature=player_embedded&v=GG07SMvfEZg

On the three phases to repeal and replace Obamacare:

"This is phase one of the process. Because of the senate rules, and because we have to go through what is called reconciliation through a budget process, we cannot put everything in this bill when it comes to replacement. The second phase as you are seeing with Dr. Tom Price--a lot of power in the ACA was given to the [HHS] secretary. There's 1,400 points within that bill that allows the power of the secretary. He will be taking his role. And then the third phase--which some of that will even start as we're moving this [reconciliation bill]--those bills that take 60 votes, like getting insurance across state lines, tort reform, and others."

On why President Trump supports this plan:

"The President supports this plan, is working for this plan. I think everybody should get on board. This is one of three phases. If you want to see Obamacare replaced, this is the best opportunity to do it. If you want to see replacement that lowers the premiums and actually gives greater quality of care, this is the only option we have going forward. If you think you can repeal Obamacare alone and think you're going to find 60 votes in the Senate, that will blame be on us for failure of Obamacare. I think that is the wrong way to go. We want to solve this problem, and this is the best option. That is why you will find that this will move through the House and get to the Senate. And those who read it and see one of three phases will understand why the President backs this plan and believes it is the best move forward."

On how Obamacare is failing:

"We've been working so many times to make this go forward. Remember, why are we here today? Obamacare did essentially three things: It took control of health care to the federal government, it was exchanges, and expansion of Medicaid. If you look at exchanges today, one-third of all the counties in America, there's 3,000 counties roughly--1,022 have only one provider. Some now will have no providers at all. They created 23 co-ops in Obamacare. Gave them $2 billion. In that short amount of time, 18 of those have failed. And then now Medicaid, the expansion of Medicaid is going to cost us $1 trillion dollars in the 10th year. That is equivalent to all the money we spend in discretionary spending in government today. It's unsustainable."

CBS This Morning

https://www.youtube.com/watch?feature=player_embedded&v=9qST-gVZyUY

On the conservative foundations of tax credits:

"President Trump supports this bill because he understands that it lowers the price. What's more important, tax credits is a conservative idea. If look back to what Heritage said in 2007, tax credits is the way to provide greater health care in the process. So I believe when people sit and read this bill and understand that this is phase one in a process, you will find much more support as we go through."

On how the House is following regular order to repeal and replace Obamacare:

"We're going through regular order--as you watch through committee, through Energy and Commerce, through Ways and Means--then it will go to Budget, then come to the floor. This is the way legislation is produced in America. This is the way that, one, we can actually keep the promise to lower the price of health care."

The Hugh Hewitt Show

https://www.youtube.com/watch?feature=player_embedded&v=xuZzBZlEVN4

On President Trump's involvement in American Health Care Act:

"The president is very engaged.... The president understands this plan very well, and he supports it.... We want to lower the cost of health care, actually replace Obamacare, cap an entitlement--the biggest entitlement reform we have ever found. This is the mechanism to do it in the first phase of three phases."

07J-Furigay-5801506 07J-Furigay

Older

Rep. DelBene Calls for Improved Patient Access to Genetic Testing

Newer

Investors Title Co Files SEC Form 4, Statement of Changes in Beneficial Ownership of Securities (Feb. 23, 2017)

Advisor News

  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • Majority of Americans concerned recent market highs are unsustainable
  • GLP-1 users choose between medication and retirement saving
  • Gen X and millennials seek new retirement model
  • Are families ready for the costs of aging at home?
More Advisor News

Annuity News

  • New class-action lawsuit targets Delaware Life over annuity disclosures
  • A client remarried: Does their annuity still fit?
  • Gen X and millennials seek new retirement model
  • Global Atlantic names Dan Farrelly head of IMO and IBD channels
  • A rising retirement challenge: The license to spend
More Annuity News

Health/Employee Benefits News

  • NABIP urges Congress to address underlying healthcare costs
  • Understanding health insurance: What fraud, waste, and abuse mean for your healthcare
  • Fairview sues UnitedHealthcare over 2027 Medicare plan info
  • Women can face challenges in obtaining LTCi
  • Health affordability task force considers utility model
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Life insurance applications rise 15.2% in September, MIB reports
  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • What ‘above and beyond’ means for today’s advisor
  • AM Best Maintains Stable Outlook on Indonesia’s Non-Life Insurance Segment
  • Owings Mills insurance agent pleads guilty to stealing more than $100,000 in life insurance commissions
Sponsor
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
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.