Rep. Poliquin: Obamacare Repeal Without Replacement Will Not Work
Congressman
In 2015,
That same year, the Congressman also put forward his own 14-point plan to implementing a free market solution to help fix the failures of the ACA law.
Since then, several proposals have been put forward to offer alternatives which provide a glide path for ACA policy holders, including those who were forced into Obamacare policies due to
Current discussions in the
"In light of what we have seen over the last several months, once again, I cannot support the repeal of the ACA without a viable replacement. Changes in insurance markets are complex. Many fellow Mainers are impacted either as policy holders or due to the ACA regulations on their private individual or employer coverage. We shouldn't forget that thousands of
"Let's be clear, Obamacare is not working despite what some proponents of the status quo would have us believe. During six years of growing problems, the ACA has cost taxpayers billions and billions of dollars. Its roll-out nearly failed under collapsing taxpayer-funded insurance exchanges. Thousands of
"Part of the ACA law has been the rapid expansion of the medical welfare program, called Medicaid, or MaineCare in our State, to able-bodies adults with no dependents. We need to be honest about how Medicaid is an open-ended program with no budget which continues to grow beyond the taxpayers' ability to pay for the health care benefits. It's simply not sustainable.
"Medicaid started as a welfare program designed to provide health care to those truly in need--such as children, the disabled, and the elderly who can't afford to contribute to Medicare. Hard-working Mainers and retirees understand that limited Medicaid, or MaineCare, dollars should be reserved for those who are the most at risk rather than for those who are not disabled, have no dependents, and can purchase their own health insurance.
"Medicaid, or MaineCare, should be put on a financially sustainable path so it can continue to provide for those who need it most for generations to come. Continuing to add childless able-bodied adults on welfare only helps trap them in government dependency and poverty while further straining state and federal budgets. Welfare funding is not free. Welfare dollars are paid by hard-working American taxpayers. Not long ago,
"We also need to be honest about the robust list of essential health care benefits already, and still, required to be included in any insurance policy sold in
"Job-killing taxes and layers of regulations should not be the standard by which health insurance is measured. Government needs to support a sustainable free market system which lowers the cost of health insurance by providing incentives for providers to compete for our business. This will result in more plan choices and lower costs.
"Moving to a complete government takeover of our health care system is a bad idea. The enormous "single-payer" socialist bureaucracy would further drive up costs and ration health care services.
"
"We need to ensure we have a plan in place, a glide path, to a new fiscally responsible and sustainable solution. Repeal without replace does not accomplish that mission."
Since entering


Sen. Perdue Takes to Senate Floor to Combat Democrat Misinformation on Obamacare
Senate Swats Down GOP Health Care Bill Hours After Opening Debate
Advisor News
- How OBBBA is a once-in-a-career window
- RICKETTS RECAPS 2025, A YEAR OF DELIVERING WINS FOR NEBRASKANS
- 5 things I wish I knew before leaving my broker-dealer
- Global economic growth will moderate as the labor force shrinks
- Estate planning during the great wealth transfer
More Advisor NewsAnnuity News
- An Application for the Trademark “DYNAMIC RETIREMENT MANAGER” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
- Product understanding will drive the future of insurance
- Prudential launches FlexGuard 2.0 RILA
- Lincoln Financial Introduces First Capital Group ETF Strategy for Fixed Indexed Annuities
- Iowa defends Athene pension risk transfer deal in Lockheed Martin lawsuit
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- An Application for the Trademark “HUMPBACK” Has Been Filed by Hanwha Life Insurance Co., Ltd.: Hanwha Life Insurance Co. Ltd.
- ROUNDS LEADS LEGISLATION TO INCREASE TRANSPARENCY AND ACCOUNTABILITY FOR FINANCIAL REGULATORS
- The 2025-2026 risk agenda for insurers
- Jackson Names Alison Reed Head of Distribution
- Consumer group calls on life insurers to improve flexible premium policy practices
More Life Insurance News