Rep. Womack Issues Statement on Health Care Legislation
Targeted News Service
WASHINGTON, Feb. 27 -- Rep. Steve Womack, R-Arkansas, ranking Republican member of the House Budget Committee, issued the following statement after legislation (H.R. 1384) was introduced in the House that would upend health care system and is estimated to cost more than $32 trillion dollars:
"Our nation's health care system is in desperate need of repair. Rather than working to fix a system that a vast majority of Americans like, Democrats are once again proposing fiscally irresponsible policies that will radically alter how hundreds of millions get their health care - outlawing the choice of private insurance, eliminating the programs that seniors and people with disabilities rely on for care, and putting the government between you and your doctor.
"Don't be misled by slogans and bumper stickers. This is one-size-fits-all health care with choice for no one.
"With a growing deficit topping $22 trillion, I look forward to hearing from the members who sit on the Budget Committee - who have a responsibility to help get our fiscal house in order - about how they plan to pay for a $32 trillion-dollar proposal."
Q&A examining Obamacare’s costs in dollars and politics in Pennsylvania
Advisor News
- A hybrid approach outperforms the 4% Rule, researchers find
- The missing piece in most retirement plans
- Clients are bringing TikTok insurance advice into advisor meetings
- Embracing a family-centric approach to financial planning
- Family communication: Financial planning’s growing blind spot
More Advisor NewsAnnuity News
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Cayman Islands premier to meet with U.S. reinsurance regulators
- Investigation finds deceptive sales, churning of annuities targeting postal workers
- Corebridge annuity sales slip ahead of Equitable marriage
- California teachers settle class-action lawsuit over in-plan annuity fees
More Annuity NewsHealth/Employee Benefits News
- AG Clark sues over effort to undermine Affordable Care Act protections
- Trump administration finalizes restrictions on Medicaid and CHIP funding for youth gender-affirming care
- Drugmakers, health insurers battle over coupons for high-cost medicine
- Idaho lawmakers look into a hospital insurance dispute
- Manatee County man faces felony charge after $34k disability fraud, deputies say
More Health/Employee Benefits NewsLife Insurance News
- Insurers, rating firms push back on NAIC credit rating oversight plan
- The Manhattan Life Insurance Company Acquires Union Security Life Insurance Company of New York
- Symetra Named to PEOPLE® Companies That Care™ List for Second Consecutive Year
- LIMRA: Individual life sales continue growth trend in Q2, led by whole life and VUL
- New York Life Awards 20 Golden Futures Scholarships, Expanding Student Support Through Financial Education and Career Development
More Life Insurance News