Rep. Posey’s Statement on the American Health Care Act
Congressional Documents & Publications
Washington, May 4, 2017 - Congressman Bill Posey (R-Rockledge) released the following statement regarding the American Health Care Act (H.R. 1628):
"For many years health insurance costs have been skyrocketing and today we have taken a big step toward addressing this problem while keeping intact core protections for those Americans with pre-existing health conditions, ensuring sick people do not lose their coverage, and allowing young people to stay on parents' policies," said Congressman Posey. "For many Americans, Obamacare has resulted in more expensive health insurance plans with fewer options. This cannot continue and it's unfair to expect workers and families to pay thousands a month in premiums with no other choices and no relief in sight.
"The American Health Care Act will mean that people will no longer be forced to purchase insurance, but they will have greater, more affordable choices. The bill repeals most of Obamacare's tax increases, creates a new refundable tax credit for health insurance purchases, and allows states to offer more health insurance choices. It also applies to Members of Congress and Congressional staff - there will be no exemptions for Congress.
"While it's not perfect, the American Health Care Act reverses the downward spiral of Obamacare."
Rep. Peters Votes Against Ripping Healthcare Away from Millions, Vows to Keep Fighting
Advisor News
- 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
- Americans’ sense of overall prosperity still ticks upward
- Turning expanded eligibility into a better coverage plan for federal clients
More Advisor NewsAnnuity News
- Annuity sales hit record $126.3B as RILA sales top $25B
- More pre-retirees rethink retirement as income-planning concerns grow
- AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
- Jackson reports record annuity sales, increases share repurchase authorization
- Why the market doesn’t need more carriers
More Annuity NewsHealth/Employee Benefits News
- Study Results from Hospital of the University of Pennsylvania in the Area of Managed Care Reported (Ten-year Performance of the Multi-Layer Insulated Defibrillation Lead in the Medicare Population): Managed Care
- Insurance cost hikes, fewer Medicare options add to Wyomingites' healthcare struggles
- Insurance Barriers to Mental Health Care Are Breaking Down
- States push short-term insurance as healthcare costs climb
- UnitedHealthcare calls Fairview lawsuit ‘mudslinging,’ asks judge to dismiss it
More Health/Employee Benefits NewsLife Insurance News
- Samsung Fire & Marine Insurance to Acquire Outstanding Stake in Canopius with KKR and KIC
- Start estate planning before the family needs it
- Best’s Market Segment Report: Health and Property Lines of Business Drive Hong Kong’s Non-Life Insurance Growth
- AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and Its Subsidiary
- National Life Group Approves $23 Million Dividends for 2027
More Life Insurance News