Mike Thompson demands GOP abandon ObamaCare repeal
According to the CBO analysis, 24 million Americans could lose their health insurance by 2026 if the
"The President and Republican leadership would rip healthcare away from hardworking families and seniors in order to give tax cuts to billionaires and big corporations," he said. "It's extremely telling that the very first section in their bill does not address rising out-of-pocket costs, access to doctors, or any of the challenges real Americans face. Instead, it gives a big tax cut to insurance companies that pay their executives multimillion dollar salaries."
Thompson said the CBO's report makes it clear that gutting the country's current healthcare system won't bring prices down or help more Americans afford insurance.
"Instead, it will snatch coverage away from those who need it the most," he said. "More Americans will be forced to go without healthcare -- or rely on emergency services in a time of crisis. If they can't afford the bills, American taxpayers will have to pick up the costs -- all so big businesses can get tax cuts on their bonuses. This isn't healthcare. It's wealth care."
According to the CBO, 14 million would lose their health coverage in the next year under the
___
(c)2017 Times-Herald (Vallejo, Calif.)
Visit Times-Herald (Vallejo, Calif.) at www.timesheraldonline.com
Distributed by Tribune Content Agency, LLC.


Rep. Panetta Issues Statement on CBO’s Report on Republican Health Care Bill
Rep. Wilson Responds to CBO’s Report on Republicans’ Health Care Bill
Advisor News
- Demonstrating the value of life insurance to Gen Z
- Poor money habits are a dealbreaker in a new relationship
- DC plan sponsors see opportunity in alternatives
- The American Dream: Redefined as financial stability
- Partial annuitization: How advisors can help clients balance income, growth
More Advisor NewsAnnuity News
- CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
- KBRA Assigns Rating to TruSpire Retirement Insurance Company
- Partial annuitization: How advisors can help clients balance income, growth
More Annuity NewsHealth/Employee Benefits News
- OCWNY to hold seminar for disability beneficiaries Friday
- Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
- Douglas Veterans Claims Clinic Connects Rural Veterans With Critical Services
- Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
- Connecticut health insurance exchange shifts enrollment dates after federal changes
More Health/Employee Benefits NewsLife Insurance News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries
- Trust, technology and the future of claims
- New York Life Launches an Indemnity Benefit for its Asset Flex Long-Term Care Insurance Solution
- AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.
More Life Insurance News