Rep. Poe Issues Statement on Passage of American Health Care Act - 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 5, 2017 Newswires
Share
Share
Post
Email

Rep. Poe Issues Statement on Passage of American Health Care Act

Targeted News Service

WASHINGTON, May 4 -- Rep. Ted Poe, R-Texas, issued the following statement on House passage of the American Health Care Act (H.R. 1628):

"Seven years ago, President Obama signed Obamacare into law, promising government health care for all, a fraudulent entitlement that he knew could not be delivered. In the years since, the Affordable Care Act has failed and imploded faster than anyone ever imagined. Skyrocketing premiums, lower quality of care and job killing regulations are just a few of the ways Obamacare has burdened individuals and businesses. This law is not sustainable, and doing nothing is not an option, so today we voted to repeal the failing Obamacare system and replace it with one that offers affordable, quality care. This repeal and replace legislation is a step in the right direction with further administrative reforms and separate legislation also needed down the road.

"I supported the bill for a number of reasons:

"For starters, this bill helps to make premiums affordable for everyone by providing tax credits. Texas has the highest number of uninsured Americans of any state in the nation. Millions of Texans lack health insurance because they either can't afford to purchase it or they are not covered by an employer. This legislation provides the uninsured with an opportunity to buy health insurance in an affordable way with tax credits if they choose to do so This bill also sets aside $85 billion dollars for the purpose of providing tax credits for Americans over 50 who are not insured by an employer or on Medicaid to help them buy insurance that they may not be able to afford otherwise.

"The American Health Care Act empowers individuals to make their own decision on whether or not they want to purchase health insurance. In my opinion, the individual mandate is unconstitutional. This bill removes that. Furthermore, it eliminates the employer mandate, which required employers to purchase health insurance for their workers or pay a penalty and which has forced businesses to not create new jobs, fire employees, or even close their doors.

"Contrary to the heated, false rhetoric, this bill protects Americans with pre-existing conditions by ensuring that health insurers cannot deny coverage to people solely because of a pre-existing condition. As a cancer patient myself, I know the importance of this, and I know how important it is for the 27% of Americans with preexisting conditions. The bill also includes a provision that prevents insurance companies from charging higher premiums to individuals based on the fact that they have a pre-existing condition. The legislation permits states to apply for a waiver of this prohibition through the Department of Health and Human Services, but only if the state has chosen to offer another coverage option, like risk-sharing pools or reinsurance. No matter what: no person can be charged more money based on a pre-existing condition if they maintain continuous insurance coverage. In fact, the legislation allocates $138 billion for risk-sharing programs which help protect those with preexisting conditions. It also allows young Americans under age 26 to stay on their parents' insurance plans.

"Under Obamacare, the federal government seized the power to determine the ten essential health benefits that insurance companies were mandated to cover. This bill transfers that power to the states, who can apply for an exemption to these mandates if they have a high-risk insurance pool to help ensure coverage for their citizens. It also provides $15 billion in safeguards to cover coverage costs for mental health care, substance abuse, and/or maternity care.

"The bill defunds Planned Parenthood and redirects $500 million to community health centers, which are spread across our district and the nation. These centers provide important women's health and cancer screenings. The bill also expands tax-free health care savings accounts for those with high-deductible insurance plans. It doubles the amount that individuals can contribute to their accounts.

"This bill gives Americans the choice over whether or not they buy health care, and it provides extensive resources and financial incentives for them to be able to do so. Obamacare has failed; it is time for a new path forward driven by individuals and their doctors, not politicians in Washington. This bill is the first step forward on that path."

Older

Rep. Quigley Issues Statement on TrumpCare Vote

Newer

Rep. Pingree to Vote Against AHCA, Says ‘Cancer Doesn’t Care Who You Voted For’

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

  • 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
  • Regulators advance shorter, streamlined annuity buyers guide
More Annuity News

Health/Employee Benefits News

  • Recent Findings from University of Maryland School of Medicine Has Provided New Data on Managed Care (Medicare Part D utilization management for negotiated drugs and within-class comparators, 2019-2026): Managed Care
  • Kansas' rate of children without health insurance tops national average for second year
  • Incoming chair of US Senate panel will seek healthcare overhaul, but unclear on details
  • New Virginia subsidies help lure people back to health insurance
  • High costs limit rural Nebraskans’ access to health care
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.