Rep. Kihuen: Cbo Score Shows AHCA Still a Bad Deal for Nevadans - 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
May 25, 2017 Newswires
Share
Share
Post
Email

Rep. Kihuen: Cbo Score Shows AHCA Still a Bad Deal for Nevadans

Targeted News Service

WASHINGTON, May 24 -- Rep. Ruben Kihuen, D-Nev., issued the following statement below after the Congressional Budget Office score of the American Health Care Act:

"Today's Congressional Budget Office (CBO) updated score of the American Health Care Act reaffirms that President Trump and Speaker Paul Ryan's vision for healthcare reform is completely off the mark.

"This administration and congressional Republicans are hell-bent on repealing the Affordable Care Act no matter the cost, even if it means 23 million more people would be uninsured by 2026. The CBO estimates that health insurance premiums for those nearing retirement could increase 800%, and that a 64-year-old making $26,500 would go from paying 6.4% of their income towards their insurance premiums to a whopping 60.8%.

"That's indefensible and immoral! This new CBO score is further evidence of what we already knew to be true - the American Health Care Act is a bad deal for all Americans, but especially Nevadans who have benefitted immensely from the Affordable Care Act. Unfortunately, Republicans in the House decided to pass this bill without seeing its true cost. I hope they read this report and think long and hard about who they really serve: their leadership in Congress or their constituents back home."

Older

Lipinski: CBO Report Shows Health Care Bill Would Reduce Access, Increase Costs

Advisor News

  • Most Gen Z investors think less than a year ahead when making financial decisions
  • IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
  • Help child-free clients plan for their later years
  • When new investment trends emerge, Gen Z is most likely generation to be first in
  • Could ‘plain English’ become an advisor’s secret weapon?
More Advisor News

Annuity News

  • Guidance, bulletin or reg? NAIC debates form of annuity illustration update
  • Nationwide adds mutual fund-linked strategy to New Heights Select FIA
  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity News

Health/Employee Benefits News

  • Affordable Care Act insurance costs to rise steeply again in WA
  • WA approves double-digit rate hike for individual health insurance plans
  • BMC nurses: 'We're at the end of our ropes' without a fair contract
  • Study Results from Howard University Provide New Insights into Managed Care (Howard University’s Pediatric Dentistry Postdoctoral Program: Advancing Workforce Diversity and Access In Underserved Communities): Managed Care
  • Trump promises $500 rebates for Obamacare ‘overcharges’ he blames on Biden
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • MIB reports double-digit life insurance app activity in record August
  • 42% of consumers are confused and unconvinced by life insurance
  • Life insurance protects the people who matter most
  • AM Best Affirms Credit Ratings of Petrolimex Insurance Corporation
  • Capgemini: Life insurers under pressure: 42% of consumers are confused and unconvinced by policies
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

  • 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
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
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.