Rep. Meadows, Sen. Johnson Introduce Bill to Eliminate Failed Obamacare Program - 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
December 13, 2017 Newswires
Share
Share
Post
Email

Rep. Meadows, Sen. Johnson Introduce Bill to Eliminate Failed Obamacare Program

Targeted News Service (Press Releases)

WASHINGTON, Dec. 12 -- Rep. Mark Meadows, R-North Carolina, issued the following news release:

Rep. Mark Meadows (R-N.C.), chairman of Subcommittee on Government Operations, and Sen. Ron Johnson (R-Wis.), chairman of the Senate Homeland Security and Governmental Affairs Committee, introduced the Repeal Insurance Plans of the Multi-State Program Act (RIP MSP Act) on Tuesday -- an effort to terminate Obamacare's failing Multi-State Plan program.

Section 1334 of the Affordable Care Act requires the Office of Personnel Management (OPM) to contract with at least two national health plans, one of which must be a non-profit plan, to compete directly with private plans in every state. These plans are called Multi-State Plans, or MSPs -- and under current law, they are required to be available in all 50 states, as of 2017.

Multi-state plans were intended to drive competition on the health care exchanges. However, the program has failed to meet the Obama administration's 750,000 enrollment projection or the 50-state statutory requirement. Only one state, Arkansas, has agreed to offer a MSP option in 2018, and it is likely that fewer than 2,000 Arkansans will participate. But the federal government is still funding the program at $10 million per year.

"This mandate is the definition of government waste. The program has failed to meet statutory requirements and is diverting necessary resources from what should be the OPM's priorities, such as retirement and security backlogs. Congress needs to let the OPM focus on its job, eliminate this failed program and work to ensure health care is more affordable for all Americans," said Sen. Ron Johnson.

"Multi-state plans were a poorly conceived provision of an even more poorly conceived bill, Obamacare," Rep. Meadows said, "and repealing these plans would be a good step toward getting our health care system back on track. It makes no sense for the OPM to dedicate its finite resources toward the creation of government plans that clearly do little, other than stifling the competition our health insurance market so desperately needs. The OPM should not be in the business of contracting health insurance plans. I'm grateful to work with Senator Johnson on this bill as we seek to restore common sense, market-based principles to our health care industry that will bring premiums and overall costs down and help make quality care affordable for all Americans."

Older

Insurance Stocks’ Research Reports Released on Manulife Financial, American Equity Investment Life, AEGON, and MetLife

Newer

PCI Urges House Action on International Insurance Standards

Advisor News

  • Berkeley arts tax heads toward passage while public bank measure looks likely to fail
  • Americans’ sense of overall prosperity still ticks upward
  • Turning expanded eligibility into a better coverage plan for federal clients
  • Election 2026: Which of Berkeley's 7 ballot measures will pass?
  • How advisors can help frugal retirees finally enjoy their savings
More Advisor News

Annuity News

  • AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
  • Jackson reports record annuity sales, increases share repurchase authorization
  • Why the market doesn’t need more carriers
  • Equitable, Corebridge steam toward merger with strong Q3 annuity sales
  • Jackson Announces New Annuity Offering for AARP Members
More Annuity News

Health/Employee Benefits News

  • The caregiving generation doesn’t want to repeat their parents’ mistakes
  • Lawmakers warming to discussing long-term care
  • Health and Humor: Medicare Plus Supplement vs. Medicare Advantage (maybe) 2026
  • CVS Health will spin off Aetna after eight years
  • HUMAN RIGHTS CAMPAIGN FOUNDATION FILES FOR PRELIMINARY INJUNCTION TO BLOCK PROHIBITION OF TRANSGENDER HEALTHCARE COVERAGE FOR FEDERAL EMPLOYEES
More Health/Employee Benefits News

Life Insurance News

  • U-Haul Holding Company Reports Second Quarter Fiscal 2027 Financial Results
  • Genworth Financial Announces Third Quarter 2026 Results
  • AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
  • Why the market doesn’t need more carriers
  • Unum Group Reports Third Quarter 2026 Results
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

  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
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.