Rep. Neal Statement on GOP Budget That Would Take Away Health Insurance from 30 Million Americans - 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
January 14, 2017 Newswires
Share
Share
Post
Email

Rep. Neal Statement on GOP Budget That Would Take Away Health Insurance from 30 Million Americans

Targeted News Service (Press Releases)

WASHINGTON, Jan. 13 -- Rep. Richard Neal, D-Mass., ranking Democratic member of the House Ways and Means Committee, issued the following news release:

* * *

Ways and Means Committee Ranking Member Richard Neal (D-MA) today delivered remarks on the House Floor in opposition to S.Con.Res. 3, which would lay the groundwork to repeal the Affordable Care Act (ACA) and cause nearly 30 million Americans to lose their health insurance:

(Remarks as prepared)

"Mr. Speaker, I rise in opposition to S. Con. Res. 3, the 2017 Republican Budget Resolution. Although this does not explicitly call for ACA repeal, it provides a process to repeal it. This legislative charade is both fiscally and socially irresponsible.

"The Republicans have had seven years to develop a replacement and they still don't have a plan. Instead, they are pushing legislation that could cause as many as 30 million Americans to lose health coverage after 2017 and the number of uninsured Americans would be worse than before the ACA was implemented. Even the Republican Governor from the Commonwealth of Massachusetts recently sent a letter to House Republican leadership on January 11 noting, among other things, 'During...[ACA repeal/replace] deliberations, it is important that coverage gains, patient protections and market stability are maintained.'

"It is important to understand that the ACA, Medicare and Medicaid are now wed--if you fracture the ACA, it also directly impacts these important social programs. Instead of wholesale repeal of the ACA, Democrats will continue to advocate building on the successes which in real terms means greater financial security for the middle class.

"The ACA is working: 97.2% of residents in Massachusetts have health insurance; the Medicare trust fund solvency was extended for 10 years; about 137 million Americans have access to recommended preventative services without cost sharing; and Medicare enrollees have avoided 565,000 unnecessary hospital admissions. The Republican rhetoric is simply not matching reality.

"Hospitals play a critical role in the Massachusetts economy--repeal of the ACA would have devastating consequences on their ability to provide quality care and be a huge hit to hospital related jobs throughout the Commonwealth and across the nation.

"The negative ripple effects of ACA repeal would be swift and forceful. Instead of working to dismantle it, we should be protecting and enhancing it for the next generation. Vote no on S. Con. Res. 3."

30FurigayJof-5746037 30FurigayJof

Older

Rep. Lance Issues Statement on Budget Resolution

Newer

Congress Approves Resolution Clearing Way for Obamacare Repeal

Advisor News

  • Nearly half of nonretirees doubt they will fully retire
  • How much could failure to fund Social Security cost average Americans?
  • How can more Americans achieve financial independence?
  • Savers vs. spenders: How money management attitudes impact financial confidence
  • Demonstrating the value of life insurance to Gen Z
More Advisor News

Annuity News

  • Jackson CEO Laura Prieskorn to retire at the end of 2026
  • Has your annuity been reinsured in the Cayman Islands? Here’s why it matters
  • DOL slams pension risk transfer lawsuit as ‘opportunistic’ litigation
  • AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
  • Advisors don’t have an annuity problem; they have an integration problem.
More Annuity News

Health/Employee Benefits News

  • How Does New CareScout Long-Term Care Insurance Policy Compare In Cost
  • They harvest the nation’s food, but a new rule may strip them of health insurance
  • A new option for long-term care costs
  • Rising health insurance exchange costs are bad news for Mississippi's working poor
  • Iowa health insurers propose premium increases for ACA customers
More Health/Employee Benefits News

Life Insurance News

  • AM Best Comments on Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries Following Announced Transaction with Medical Mutual of Ohio
  • AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited
  • Globe Life boosts Q2 earnings, eyes AI shift for long-term growth
  • ATTORNEY GENERAL BRENNA BIRD LEADS FIGHT TO PROTECT IOWA PENSIONS
  • AM Best Affirms Credit Ratings of Bao Viet Insurance Corporation
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