Nick Bouzianis: Latest bout of Republican chicanery - 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
November 21, 2017 Newswires
Share
Share
Post
Email

Nick Bouzianis: Latest bout of Republican chicanery

Topeka Capital Journal (KS)

In recent weeks, a whirlwind of headlines worthy of contempt has cycled through the news media -- sexual harassment allegations and admissions, our commander in chief's latest Twitter rampage and escalating tensions with North Korea. But the imminent threat of a Republican tax reform bill being enshrined into law should capture the bulk of our attention, as it will certainly harm Kansans: The people uniquely capable of stopping it from continuing its steamroll through Congress.

Senate Republicans amended their already wildly unpopular tax bill -- voters disapprove of the plan by a 2-1 majority -- to include a repeal of the Affordable Care Act's individual mandate, a part of the legislation that helps keep premiums low by requiring most people to have health insurance.

This craven addition to the bill will leave around 13 million Americans without health insurance. And it struck the wrong chord with Kansas Sen. Jerry Moran: "Because of the desire for a bipartisan tax bill, I wish we weren't doing the individual mandate."

Moran's hesitation is certainly warranted. If the individual mandate is repealed, the Center for American Progress estimates that the average Kansan will see insurance premiums rise by over $2,000, the number of uninsured Kansans will increase by 112,000 and Medicare in Kansas will sustain a cut of $208 million, effectively slashing subsidized health care for the elderly and disabled.

But even without a mandate, wouldn't low and middle-income individuals ambivalent about purchasing insurance be more inclined to do so after the tax breaks take effect? Not so fast. The Tax Policy Center found that 36 million middle-class and working families nationally would experience a tax increase under the House tax plan by 2027. And thanks to the repeal of the individual mandate, under the Senate plan, those making less than $75,000 annually will see a tax increase.

Kansans should be especially suspicious of a tax plan that advertises flourishing for the middle class while precipitously lowering taxes for the wealthy and corporations after our 2012 "experiment" went terribly awry.

Gov. Sam Brownback's purported "shot of adrenaline" into the Kansas economy, which he claimed would create an explosion of jobs, landed us with massive budget shortfalls and paltry funding for public schools that the Supreme Court ruled unconstitutional.

But many still find the pretense of economic growth spurred by a reduction in taxes on the wealthy, a tactic that has long been touted as a surefire way to create job growth and boost spending, a captivating prospect. We should all be circumspect about this claim, however, after Gary Cohn, Trump's economic advisor, asked a group of CEOs if lower taxes would lead them to increase their capital expenditures. Only a few raised their hands. And with that symbolic gesture, Cohn's rationale for cutting corporate taxes fell apart at the seams.

Fortunately, as Kansans, we are well positioned to push back against this policy. Moran is the only GOP senator who is holding town halls over Thanksgiving break: he will be in Frankfort on Nov. 22 and Clay Center on Nov. 25. Moran makes routine trips back to Kansas to listen to his constituents. While the Graham-Cassidy health care bill was in the queue, Moran was the only senator who was waiting to hear from his constituents before he took an official position. Therefore, it is crucial, especially this week, that we let our voices be heard.

Nick Bouzianis is a student and aspiring physician who is studying nutrition at Kansas State University.

Credit: Nick Bouzianis

Older

EDITORIAL: House Republicans target medical expense deductions for elderly, disabled

Newer

HealthPartners expands Wisconsin footprint

Advisor News

  • DC plan sponsors see opportunity in alternatives
  • The American Dream: Redefined as financial stability
  • Partial annuitization: How advisors can help clients balance income, growth
  • Guide women along the walk through widowhood
  • Dutch gambling tax hike falls short as prediction markets eye World Cup
More Advisor News

Annuity News

  • KBRA Assigns Rating to TruSpire Retirement Insurance Company
  • Partial annuitization: How advisors can help clients balance income, growth
  • Guide women along the walk through widowhood
  • Regulators clear way to rewrite annuity illustration rules
  • Diversification’s growing importance in retirement planning
More Annuity News

Health/Employee Benefits News

  • ARE SURVIVAL RATES FOR ADULTS WITH CONGENITAL HEART DISEASE LINKED TO SPECIALIZED CARDIAC CARE ACCESS?
  • THIRTY-TWO YEARS, ZERO RESULTS: NRSC CHARGES SHERROD BROWN SOLD OUT TO BIG INSURANCE
  • Employers weigh retention, costs in developing benefits strategies
  • As beer strike continues, community stands behind workers
  • Researchers at RTI International Report New Data on Managed Care (Tobacco Cessation Treatment in Pregnancy: Insights from Florida Medicaid Claims Data): Managed Care
More Health/Employee Benefits News

Life Insurance News

  • 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.
  • AM Best Upgrades Credit Ratings of The People’s Insurance Company of China (Hong Kong), Limited
  • SWBC’s Joan Cleveland Reappointed to Texas Association of Life & Health Insurers (TALHI) Board of Directors
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
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
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