Republican-led Senate to Move Forward on 'Obamacare' Repeal - 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
January 12, 2017 Newswires
Share
Share
Post
Email

Republican-led Senate to Move Forward on ‘Obamacare’ Repeal

Voice of America News

Last Updated: January 12, 2017 7:56 AM

- VOA News

The Republican-controlled U.S. Senate has taken the first step in scrapping President Barack Obama's healthcare program.

Republicans have made repealing the Affordable Care Act, also known as Obamacare, one of their top priorities when President-elect Donald Trump takes office.

By a vote of 51-48, the Senate voted early Thursday to approve rules that allow repeal legislation to go forward with a simple majority and not be subject to a filibuster by Democrats. Republicans control 52 of the Senate's 100 seats.

"The Senate just took an important step toward repealing and replacing Obamacare by passing the resolution that provides the legislative tools necessary to actually repeal this failed law while we move ahead with smarter healthcare policies," Senator Majority Leader Mitch McConnell said.

The House of Representatives, where Republicans also have a majority, is expected to vote on the resolution this week. Republican leaders plan to have the actual repeal legislation drafted by the end of January.

The big outstanding question is what would happen if they do undo the program. So far, there has not been a consensus Republican plan about how to replace the healthcare law that brought insurance to 20 million Americans who previously lacked coverage.

Trump said Wednesday he wants both the repeal and replace efforts to take place at the same time.

Democrats passed the ACA in 2010 when they controlled both houses of Congress and Obama was in office, and have celebrated it as a way to help slow the growth in healthcare spending while also bringing coverage to the poor and those who had previously been denied because of pre-existing conditions.

But Republicans have staunchly opposed it, arguing it is too expensive and that individual states should have more control over healthcare spending and not the federal government.

Obama said Tuesday in his farewell address that if anyone creates a plan that is "demonstrably better" and covers as many people at a lower cost, then he will publicly support it.

Republican Senator David Perdue said the program is "collapsing under its own weight" and that his party does have proposals to make it better.

"There are various common-sense Republican healthcare solutions that would provide greater coverage options, drive down costs, and improve continuity of care," he said.

Democratic senators criticized the vote, particularly the effort to move forward with dismantling the program without a clear replacement.

"It's official, Senate Republicans have taken the first step to take away your healthcare without a replacement. Shameful," Senator Bob Menendez tweeted after the vote.

Senator Ben Cardin said repealing the law would make protections such as letting children stay on their parents' plan until age 26 and eliminating lifetime coverage limits disappear.

"The Republican repeal of the ACA is an outrageous and reckless partisan move that will leave millions of middle-class Americans and small businesses at financial risk," he said.

Older

A Concise Map of Stakeholders in Extreme Events and Climate Risk Management – The Geneva Association

Newer

BREAKING NEWS: Senate Clears the Way for Repeal of Obamacare

Advisor News

  • Reynolds signs temporary tax hike
  • Gov. Kim Reynolds signs temporary tax hike to address Iowa Medicaid shortfall
  • Reynolds signs temporary tax hike to address Iowa Medicaid shortfall
  • Temporary tax hike to fill Iowa Medicaid gap heads to governor’s desk
  • Gov. Kim Reynolds signs health insurance premium tax increase into law
More Advisor News

Annuity News

  • Corebridge, Equitable merge to create potential new annuity sales king
  • LIMRA: Final retail annuity sales total $464.1 billion in 2025
  • How annuities can enhance retirement income for post-pension clients
  • We can help find a loved one’s life insurance policy
  • 2025: A record-breaking year for annuity sales via banks and BDs
More Annuity News

Health/Employee Benefits News

  • Why health insurance shouldn’t stand between you and colon cancer screening
  • Amesbury FD receives grant for cardiac screenings
  • SOUTHERN MN REPUBLICAN VOICES: Health care, American style
  • Reynolds signs temporary tax hike
  • Gov. Kim Reynolds signs temporary tax hike to address Iowa Medicaid shortfall
More Health/Employee Benefits News

Life Insurance News

  • Corebridge, Equitable Merger Creates $1.5tr Platfrom
  • AM Best Removes from Under Review with Positive Implications and Affirms Credit Ratings of Sompo Seguros Mexico S.A. de C.V.
  • Corebridge, Equitable merge to create potential new annuity sales king
  • Aflac adds new long-term care rider
  • AM Best Affirms Credit Ratings of Nan Shan General Insurance Co., Ltd.
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Press Releases

  • RFP #T01525
  • RFP #T01725
  • Insurate expands workers’ comp into: CA, FL, LA, NC, NJ, PA, VA
  • LifeSecure Insurance Company Announces Retirement of Brian Vestergaard, Additions to Executive Leadership
  • RFP #T02226
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.
Insurance News | InsuranceNewsNet