Republican Policy Committee - Giving Americans Relief from Obamacare - 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
    • Advertise
    • Contact
    • Editorial Staff
    • 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
November 16, 2016 Newswires
Share
Share
Tweet
Email

Republican Policy Committee – Giving Americans Relief from Obamacare

Congressional Documents & Publications

Giving Americans Relief from Obamacare

* Obamacare has put health care out of reach for many Americans.

* After more than six years of Obamacare, Americans can finally see light at the end of the tunnel: relief from this unaffordable, unworkable, and unpopular health care law.

* The Republican Congress will work with the new administration to repeal and replace Obamacare with patient-centered reforms.

After suffering through Obamacare for 6 1/2 long years, Americans can finally see light at the end of the tunnel. Though President Obama promised his health care law would lower premiums by $2,500 per year for the typical family, premiums and other health care expenses have skyrocketed. Though Democrats promised people could shop for health insurance as easily as buying a TV on Amazon, people living in most of the country have few options on the exchanges. Doctors and small businesses are struggling to keep up with the law's tens of thousands of pages of regulations and mandates. People are avoiding medical care because they can no longer afford it.

Repealing Obamacare

Americans will soon have relief from this unaffordable, unworkable, and unpopular law. Republicans promised to repeal and replace Obamacare, and will keep that promise. The Senate and House have already laid the groundwork for repeal through the reconciliation process.

Republicans Pave Way for Obamacare Repeal and Replace

Last year, both chambers passed a joint budget with reconciliation instructions. The House and Senate went through the health care law page by page to determine what could be included in reconciliation and what could not, based on budget rules. Each provision was litigated with the Senate parliamentarian. Many - but not all - of Obamacare's major provisions were included in the repeal bill. Among other things, the bill:

*Voided the individual and employer mandates by eliminating penalties for failure to comply with them.

*Repealed Obamacare premium tax credits and cost-sharing subsidies after a two-year delay and required collection of overpayments of advance premium tax credits (capped for people with household income below 400 percent of the federal poverty level).

*Repealed the Cadillac tax, medical device tax, prescription drug tax, health insurance tax, chronically ill tax, indoor tanning tax, and Medicare surtax on income above a certain threshold.

*Repealed Obamacare's prohibitions on the use of health savings accounts, flexible spending accounts, and health reimbursement accounts on over-the-counter medicine and removed Obamacare's $2,500 per year restriction on untaxed contributions to FSAs.

*Repealed the Prevention and Public Health Fund, which provided the secretary of HHS up to $2 billion per year in mandatory spending with virtually no restrictions.

*Prohibited federal payments to reimburse states for payments from the Medicaid, CHIP, SSBG, and Maternal and Child Health Block Grant program to entities that meet certain criteria. Increased funding for community health centers by $235 million in fiscal year 2016 and $235 million in fiscal year 2017.

*Prohibited the HHS secretary from collecting fees and making payments under Obamacare's reinsurance program.

*Repealed Obamacare's Medicaid expansion expanded match for the newly eligible population after a two-year delay, rescinded remaining Medicaid funding for territories after a two-year delay, and restored Medicaid disproportionate share payments to hospitals that treat a disproportionate share of low-income patients.

*Undid Obamacare's policy of limiting the deductibility of employer provided prescription drug coverage for retirees when the employer also received a Part D subsidy.

*Directed the secretary of the Treasury to transfer on-budget savings produced by the bill to undo Obamacare's raid of the Medicare program to fund Obamacare.

Replacing the Failed Law

In addition to repealing Obamacare, Republicans will fix the damage it's done and repair America's health care system. Republicans have put forward plans that center on:

*empowering patients to make decisions about their health care by giving them tools, information, and choices;

*providing practical consumer protections to help people who have pre-existing conditions;

*saving and strengthening the Medicare program;

*reforming our broken Medicaid system by giving states more flexibility to provide the best coverage for their citizens;

*and putting patients - not Washington - first.

As we advance new patient-centered policies, Congress will make sure that the transition is a smooth one for Americans. People have already faced too much disruption in their health care due to Obamacare.

Flexibility on Day One

The most immediate relief will come administratively, through the new leadership at the Department of Health and Human Services and other departments. The original health care law itself was 2,700 pages, but there were also more than 40,000 pages of administrative rules, regulatory guidance, and even blog posts setting Obamacare policy. A lot of this can be scaled back on day one. Phrases giving authority to the secretary of HHS - such as "Secretary shall," "Secretary may," "Secretary determines," "Secretary must," "Secretary will," and "by the secretary" - appear at least 1,853 times in the law.

"Much of this can be done alone because much of the problem has been created by this [presidential action] alone." - Majority Leader Mitch McConnell, 11-9-2016

While the damage done by the health care law is not the fault of Republicans, fixing the damage is now Republicans' responsibility. With strong action on both the executive and legislative fronts, the American people will finally get the health care reform they've been seeking for so long.

Older

Miami-Dade County, Florida, Man Charged With Conspiracy To Commit Health Care Fraud

Newer

Exer More Than Urgent Care Opens Stunning New Facility In Redondo Beach

Advisor News

  • Why you should discuss insurance with HNW clients
  • Trump announces health care plan outline
  • House passes bill restricting ESG investments in retirement accounts
  • How pre-retirees are approaching AI and tech
  • Todd Buchanan named president of AmeriLife Wealth
More Advisor News

Annuity News

  • Great-West Life & Annuity Insurance Company Trademark Application for “EMPOWER READY SELECT” Filed: Great-West Life & Annuity Insurance Company
  • Retirees drive demand for pension-like income amid $4T savings gap
  • Reframing lifetime income as an essential part of retirement planning
  • Integrity adds further scale with blockbuster acquisition of AIMCOR
  • MetLife Declares First Quarter 2026 Common Stock Dividend
More Annuity News

Health/Employee Benefits News

  • Far fewer people buy Obamacare coverage as insurance premiums spike
  • MARKETPLACE 2026 OPEN ENROLLMENT PERIOD REPORT: NATIONAL SNAPSHOT, JANUARY 12, 2026
  • Trump wants Congress to take up health plan
  • Iowa House Democrats roll out affordability plan
  • Husted took thousands from company that paid Ohio $88 million to settle Medicaid fraud allegations
More Health/Employee Benefits News

Life Insurance News

  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on India’s Non-Life Insurance Segment
  • AM Best Affirms Credit Ratings of Health Care Service Corporation Group Members and Health Care Service Corp Medicare & Supplemental Group Members
  • Kyle Busch hits PacLife role in amended IUL fraud claims suit
  • I sent a letter to President Trump regarding Greg Lindberg
  • ‘Cashing Out’: Film recounts how viatical settlements arose from AIDS crisis
Sponsor
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.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

8.25% Cap Guaranteed for the Full Term
Guaranteed cap rate for 5 & 7 years—no annual resets. Explore Oceanview CapLock FIA.

Press Releases

  • Agent Review Announces Major AI & AIO Platform Enhancements for Consumer Trust and Agent Discovery
  • Prosperity Life Group® Names Industry Veteran Mark Williams VP, National Accounts
  • Salt Financial Announces Collaboration with FTSE Russell on Risk-Managed Index Solutions
  • RFP #T02425
  • RFP #T02525
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
  • Advertise
  • Contact
  • Editorial Staff
  • 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