Rep. Peters: Trump Administration Admits that Repeal Will Take Health Care Backwards - 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
July 18, 2017 Newswires
Share
Share
Post
Email

Rep. Peters: Trump Administration Admits that Repeal Will Take Health Care Backwards

Congressional Documents & Publications

Today, U.S. Congressman Scott Peters (CA-52) pointed to Secretary of Health and Human Services Tom Price's admission that the Republican health care repeal would take America back to a health care system where a serious illness could bankrupt a family, and again called on Congress to work together to improve the Affordable Care Act, rather than repeal it. In an interview with ABC News, Secretary Price said that, under the Republican repeal bill, insurance companies would, "dust off how they did business before Obamacare." In San Diego County, the uninsured rate has fallen from 17% to just 5% under implementation of the Affordable Care Act.

Rep. Peters released the following statement:

"Secretary Price just admitted what has been clear from the beginning: this Republican repeal bill would take us back to a system where an unexpected illness could bankrupt a hardworking American family. While Republicans are failing in their reckless attempt to repeal the Affordable Care Act, hardworking American families are struggling with rising premiums and deductibles that would get worse, not better, under the Republican bill.

"Last week, my colleagues and I introduced a plan to stabilize the individual health insurance market that would increase choice for Americans who use the exchanges and slow the growth of premiums and deductibles. It's time for Republicans to work with Democrats on real solutions to protect what is working in our health care system and fix what isn't."

Last week, Rep. Peters and his colleagues introduced the five-part Solutions Over Politics health care plan that includes Rep. Peters' priorities to make federal reinsurance programs permanent, commit to long-term funding for Cost-Sharing Reduction Payments, and boost the participation of young, healthy enrollees in the marketplace. These solutions are aimed at increasing choice and keeping costs down. A robust reinsurance stability fund would reduce premiums in 2018 by an average of 15%. Continuing to fund CSR payments would save the government $2.3 billion in spending per year and help working families afford health care. And without enforcement (or effective replacement) of the current mandate, average premiums in 2018 and 2019 are projected to increase 15 percent to 20 percent higher than they would otherwise.

Read this original document at: https://scottpeters.house.gov/media-center/press-releases/rep-peters-trump-administration-admits-that-repeal-will-take-health-care

Older

Austin American-Statesman: Doggett addresses health bill

Newer

NEARLY $1 MILLION FEDERAL GRANT AWARDED TO PROVIDENCE FOR NEW FIRE TRUCK & AMBULANCE

Advisor News

  • The 6X Formula for leveraging content marketing with AI
  • When a home becomes difficult to insure, the plan changes
  • The inheritance gap: Helping clients plan for money that hasn’t arrived
  • After the midterms: Addressing your clients’ tax concerns
  • Berkeley arts tax heads toward passage while public bank measure looks likely to fail
More Advisor News

Annuity News

  • Athene CEO criticizes offshore reinsurance, risk-taking by competitors
  • DOL, trade groups, state AGs file briefs supporting Alcoa in PRT lawsuit
  • John Hancock launches new fixed indexed annuity suite
  • Annuities to play a larger role in workplace retirement plans
  • FHLBank Pittsburgh Announces Results in 2026 Board Election
More Annuity News

Health/Employee Benefits News

  • Oscar Health Inc. (NYSE: OSCR) Draws the Stock Spotlight on Nov. 12
  • Duet Raises $15M to Scale Nurse Practitioner-Owned Clinics, Filling Critical Primary Care Gap
  • Sidecar Health Named a Finalist in the 2026 Fierce Innovation Awards
  • Open enrollment set to begin Nov. 1
  • OPINION: Imperial County’s dental care gap goes beyond insurance coverage
More Health/Employee Benefits News

Life Insurance News

  • Three lawsuits put life insurers’ cost-of-insurance practices under scrutiny
  • Military Briefs: November 12-18
  • Security Benefit Series B Preferred Stock Dividend Rate Resets to 10.286%
  • FHLBank Pittsburgh Announces Results in 2026 Board Election
  • New Jackson Study Finds the "Sandwich Generation" Squeeze Comes from More Than Two Sides and It’s Quietly Draining Retirement Savings
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

  • Insurvoice Lets Independent Insurance Agency Owners Analyze Every Customer Call in ChatGPT or Claude
  • 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.