McCaskill holds town hall - 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
August 17, 2017 Newswires
Share
Share
Post
Email

McCaskill holds town hall

Daily Star-Journal (Warrensburg, MO)

Aug. 17--WARRENSBURG -- Democrats made a mistake with Obamacare and Republicans did the same, Sen. Claire McCaskill said at her town hall meeting Thursday at the Warrensburg American Legion post.

"The good news is this is a moment when we can quit playing politics and come together in a bipartisan way to repair what we have," she said.

Democrats held hearings and accepted Republican amendments, but made the mistake of passing Obamacare without Republican votes, and Republicans tried to repeal Obamacare without hearings or Democrat votes.

"It was a recipe for disaster, because it's political," McCaskill told about 100 people in the hall. "Now that that's failed, take a deep breath and begin to realize that we could work together to fix some of the problems we have."

Dee Friel, Warrensburg, asked a multi-part question about health care. McCaskill's answers included the failed GOP House plan to replace Obamacare would have raised premiums in Johnson County by about "10 grand" per person, while reducing Medicaid payments to provide a tax cut for the wealthy. The GOP's Senate version would have cost "several thousand dollars" more per person, she said.

Some in Congress seek to stabilize markets so people who do not have workplace insurance still can receive affordable care, she said.

"If more people have insurance, then health care costs are going to come down," McCaskill said.

McCaskill gave the example of the alternative to requiring everyone to buy insurance: A young man who hears the government will no longer force him to get insurance uses that money to instead buy a motorcycle, gets cut off by a tractor-trailer, suffers brain damage, straps the hospital with unpaid bills, the hospital then charges insurers more money to cover the expense, and insurers pass on the higher cost to consumers.

The government requires drivers to have car insurance so why not health insurance, McCaskill asked.

"Some people say, 'Well, you don't have to drive a car.' Well, you do if you live in rural Missouri," she said.

Requiring health insurance mirrors requiring car insurance, she said: "You have to have the money to pay your bills."

After the town hall meeting, McCaskill said some Democrats support single-payer, universal health care, but she is not ready to embrace that "incredibly expensive" proposal.

"If you look at our debt and how it's going to grow, it would exponentially increase to the point where we wouldn't have any money," she said. "If the interest rate goes up, we would literally have no money in the federal budget to do things like veterans affairs, and things like public education, and things like infrastructure. ... We can't go there until we can do so responsibly."

President Trump has said Obamacare will die under its own weight, but McCaskill foresees death by sabotage.

"One of the reasons the premiums are going up is the uncertainty surrounding whether or not President Trump is going to pay the cost-sharing payments that are due to the insurance companies. ... Him sabotaging it is creating uncertainty and those insurance companies are factoring that uncertainty into their premium levels."

This week's Congressional Budget Office study stated premiums could increase 20 percent due to the uncertainty.

"That's why Republicans actually put those payments in their bill," McCaskill said. "I think we're going to have some success getting a bipartisan majority to at least stabilize those payments in the short run so that we can get through the next round of exchange offerings, with Missourians still having the choice that they can afford."

McCaskill said there is urgency to stabilize payments, with Sen. Lamar Alexander, R-Tennessee, indicated hearings will start after Congress returns to Washington.

"I have talked to and gotten reassurance from at least 10 to 12 Republicans that agree that this is something we need to do, and we need to do right away," she said.

___

(c)2017 The Daily Star-Journal (Warrensburg, Mo.)

Visit The Daily Star-Journal (Warrensburg, Mo.) at www.dailystarjournal.com

Distributed by Tribune Content Agency, LLC.

Older

Best’s Special Report: Regulatory Uncertainty and Equity Market Volatility Lead to Shifting Trends in Individual Annuity Products

Newer

Free Consumer Webcast from AICPA: What to Do When Cancer Changes Your Financial Plans

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
More Advisor News

Annuity News

  • Jackson CEO Laura Prieskorn to retire at the end of 2026
  • Has your annuity been reinsured in the Cayman Islands? Here’s why it matters
  • DOL slams pension risk transfer lawsuit as ‘opportunistic’ litigation
  • AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
  • Advisors don’t have an annuity problem; they have an integration problem.
More Annuity News

Health/Employee Benefits News

  • ICYMI – CANDIDATE COOPER NOW TRYING TO BLAME HIS HEALTH INSURANCE PALS FOR GOVERNOR COOPER'S 57% INCREASE IN HEALTHCARE COSTS IN NC
  • Business People: Edric Funk to take over as Toro Co. CEO
  • Insurers propose premium increases for ACA customers in Iowa
  • How Does New CareScout Long-Term Care Insurance Policy Compare In Cost
  • They harvest the nation’s food, but a new rule may strip them of health insurance
More Health/Employee Benefits News

Life Insurance News

  • AM Best Comments on Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries Following Announced Transaction with Medical Mutual of Ohio
  • AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited
  • Globe Life boosts Q2 earnings, eyes AI shift for long-term growth
  • ATTORNEY GENERAL BRENNA BIRD LEADS FIGHT TO PROTECT IOWA PENSIONS
  • AM Best Affirms Credit Ratings of Bao Viet Insurance Corporation
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

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
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