Rep. Hoyer Issues Statement on Eighth Anniversary of Affordable Care Act
"Thank you very much, Leader Pelosi. I have said many times that I believe the Affordable Care Act owes it passage, obviously to many, but to no one more than the Speaker of the House when it was passed,
"Eight years ago today, the Affordable Care Act was signed into law with the goal of bringing health insurance access to millions and lowering health care costs. This year, twenty million more Americans have health insurance than in 2010; twenty million Americans. Eight-in-ten marketplace consumers were able to find a plan for
"Yet, since
"We knew it was not perfect when we passed it. We couldn't go to conference to perfect it because our colleagues in the
"Instead, Republican actions on health care in
"They allowed insurance companies to sell 'junk plans' that sound like they're insurance, then when you get sick you find out, oh, well, it doesn't cover that. Oh, it doesn't cover that either. Have you seen the insurance ads? What do they want us to do? Drive two-thirds of a car? It reminds me of those junk policies.
"They've allowed insurance companies to sell those junk plans and discriminate against those with pre-existing conditions, one more time. Americans overwhelmingly believe that you should not allow people who are ill not to get the insurance they absolutely need. They've undermined enrollment, and made it harder to sign up for coverage. They've cut off cost-sharing subsidies for low-income families. They've pursued legal challenges and used executive orders to weaken the law and discourage participation.
"These are real people. Now the little people, we tend to have immediate sympathy for, because we adore the little people, the children. But the people of 40, or 50, or 60 and have a catastrophic illness and do not have insurance--they have bankruptcy facing them, and we don't act.
"Eight years after its enactment, the law has proven its worth. Now it's up to
"We
"
"Now let me introduce somebody who will again, as Marta did, tell you how important the Affordable Care Act is to her. It's


A.M. Best Removes From Under Review and Downgrades Credit Ratings of EmblemHealth Inc.’s Insurance Subsidiaries
BIBA and WBN Agree New Arrangement to Help Members With Their Clients Post Brexit
Advisor News
- Retaining clients by giving them a memorable experience
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
- Navigating client communication in a digital age
More Advisor NewsAnnuity News
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
- Solen Software acquires annuity software provider Cooperative Technologies
- MassMutual Expands Lending Options With New Secured Credit Line
More Annuity NewsHealth/Employee Benefits News
- As Children’s Mercy is dropped by ACA Marketplace, MO insurance group makes statement
- Health insurance open enrollment starts in Mass. as coverage concerns grow. How to get help
- Kraft Heinz, Aramark sue UnitedHealth over ‘bogus’ health claims
- Minnesota seniors navigating ‘incredibly complex’ system for Medicare Advantage
- WRH leaves UnitedHealthcare Medicare Advantage network
More Health/Employee Benefits NewsLife Insurance News