Rep. Pallone: First Bills Marked-Up by E&C in 115th 'Chip Away' at Medicaid - 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
February 8, 2017 Newswires
Share
Share
Post
Email

Rep. Pallone: First Bills Marked-Up by E&C in 115th ‘Chip Away’ at Medicaid

Targeted News Service (Press Releases)

WASHINGTON, Feb. 7 -- Rep. Frank Pallone Jr., D-N.J., ranking Democratic member of the House Energy and Commerce Committee, issued the following news release:

Energy and Commerce Ranking Member Frank Pallone, Jr. (D-NJ) denounced Republican efforts to "strengthen" Medicaid by removing or excluding certain people from Medicaid at a Health Subcommittee markup today:

Thank you Mr. Chairman. My opinion on both pieces of legislation has not changed from last week: I cannot support policies that limit eligibility and delay coverage and do not strengthen the Medicaid program for beneficiaries. Medicaid is simply too important for too many people--these bills merely chip away at the program around its edges, making no meaningful improvements.

In 2016, over 97 million Americans depended on Medicaid at some point during the year. That's our nation's kids, the disabled, our seniors and hardworking Americans who simply need this safety net to make life better for their families. It is undeniable that Medicaid coverage pays us back as a society tenfold-that's why we must improve and strengthen Medicaid's coverage provisions not kick people off in the name of integrity.

My Republican colleagues say they are strengthening Medicaid, but that's simply not the case. After all, they remain committed to repealing the Affordable Care Act's Medicaid expansion provisions - taking health care away from millions and shifting trillions of dollars onto our states by gutting the financing structure of the program.

H.R. 181 would count half of the income that a spouse receives from an annuity as income for purposes of the other spouse's eligibility for Medicaid long-term care. Now, while there may be some examples of extremely wealthy individuals using annuities in their spouse's name to shield income, the reality is that rather than hitting the wealthiest among us, this bill would most likely impact the financial security of hard working spouses. Moreover, we currently have no long-term care insurance in this country. And until we are ready to have a discussion about improving options in the long term care insurance marketplace, I am concerned about any changes to Medicaid eligibility that would make it harder for working class people to access the care they need.

H.R. 829 would limit Medicaid coverage for people that receive a one-time lump sum payment of $80,000 or more for anywhere from two months to ten years. Despite what Republicans say, this is not a bill about lottery winners, and millionaires. If Republicans truly wanted to kick millionaires off of Medicaid - none of which actually exist - this bill would look very different.

My Republican colleagues say they are strengthening Medicaid by removing or excluding certain people from the program, claiming that it will allow for more resources to go towards others. This is a meaningless approach to resource management. There is no evidence to suggest that some beneficiaries take away resources from others, or that excluding some beneficiaries will benefit others, and these bills do not invest any savings from these policies back into the program in a meaningful way.

In order to truly strengthen the Medicaid program, we should expand coverage, protect against fraud, and implement advanced delivery system reform. I'd like to remind my colleagues that the Affordable Care Act did just that. If Republicans want to strengthen the Medicaid program, I stand ready to build on those efforts, but I will not support policies that simply chip away at the coverage millions depend on.

I yield back.

30FurigayJof-5770276 30FurigayJof

Older

Rep. Walden: #SubHealth Advances Two Medicaid Bills

Newer

Sen. Markey Joins Sen. Gillibrand, Senators to Reintroduce Family Act

Advisor News

  • U.S. debt hits $40 trillion: how to support concerned clients
  • Flourish brings private-bank-like cash solution to MassMutual’s network
  • Majority of Americans concerned recent market highs are unsustainable
  • GLP-1 users choose between medication and retirement saving
  • Gen X and millennials seek new retirement model
More Advisor News

Annuity News

  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
  • IMOs get frustrated with slow carrier adoption of faster technology
  • New class-action lawsuit targets Delaware Life over annuity disclosures
  • A client remarried: Does their annuity still fit?
More Annuity News

Health/Employee Benefits News

  • What 70% doesn’t tell you
  • Blue Cross faces Michigan lawsuit over alleged monopoly and pricing practices
  • SMH, UnitedHealthcare wrangle over coverage
  • Millions lose private Medicare plans and face rising costs
  • State announces rates for 2027 small group health insurance market
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
  • BILTIR conference draws more than 750 insurance leaders to Bermuda
  • Death and taxes: How the right analysis for life insurance changes the picture
  • Life insurance applications rise 15.2% in September, MIB reports
  • Flourish brings private-bank-like cash solution to MassMutual’s network
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

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • 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
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.