Schakowsky Statement on new Obamacare Reports - 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
December 15, 2016 Newswires
Share
Share
Post
Email

Schakowsky Statement on new Obamacare Reports

Congressional Documents & Publications

Chicago- This morning, Rep. Jan Schakowsky issued the following statement on two new reports that detail the importance of the Affordable Care Act:

"In the last week, two new reports have come out demonstrating how valuable the Affordable Care Act is to Americans. The ACA can be improved. I have been urging the Illinois Insurance Commissioner and insurers in our state to make changes that would lower premiums and provide greater choices of doctors and hospitals. In Congress, I am the sponsor of legislation to add a public option - a more affordable choice. However, we must build on the Obamacare foundation, not as President-elect Trump and my Republican colleagues propose, repeal its many protections. There is increasing evidence of law's many benefits and the chaos and great harm that would occur without it.

This week, the Department of Health and Human Services (HHS) released state-specific information about the different ways in which Americans have benefitted from Obamacare. Last week, the Urban Institute detailed exactly how much Americans stand to lose if Republicans go through with their threats to repeal the Affordable Care Act.

The new report from HHS shows that in Illinois alone, nearly one million people have gained coverage because of Obamacare. This means that the rate of uninsured individuals has been cut in half since Obamacare began in 2010. And that's not all -the quality of coverage has been improved significantly. Among other things, in Illinois Obamacare has eliminated pre-existing condition exclusions for 5.6 million people, lowered drug costs for 2.1 million seniors and people with disabilities on Medicare, and ensures that women aren't charged more for their health insurance. It put an end to the lifetime and annual limits that 4.6 million Illinoisans had in their insurance plans. It makes sure that insurance companies spend at least 80% of the money they receive from premiums on healthcare costs. If the companies fail to do so, they must refund consumers. As a result, Illinoisans with employer coverage have received $11.3 million in refunds in the last four years.

In contrast to the progress that the report from HHS outlines, the report from the Urban Institute takes a terrifying look at what Americans stand to lose from the repeal of Obamacare. If Republicans carry out their plan to repeal the ACA, 30 million people across the country would lose health coverage, 1.2 million of whom live in Illinois. The number of uninsured children would more than double, reaching a country-wide total of 4 million. Repealing the ACA would also erase the progress that we have made to improve insurance plans. Insurance companies could once again drive premium prices up without improving care, discriminate against individuals with pre-existing conditions, leave Americans out in the cold once they reached their benefit limits, and charge women more than men for their healthcare.

The Affordable Care Act is not perfect. But it has allowed millions of previously uninsured Americans to obtain insurance without fear that their insurance company can cancel their plan at any time. Repealing it without a plan to replace it, which is exactly what Republicans in Congress plan to do, is reckless and life-threatening to the millions of working families that depend on it. These two reports demonstrate how far we've come because of Obamacare, and how far we'd fall if we lost it. I call on Republicans to look at the numbers and remember that behind every statistic is an American who faces the very real possibility of losing insurance coverage. Health care is a human right, and we cannot allow Republicans to undo the important progress that we've made."

Read this original document at: https://schakowsky.house.gov/press-releases/schakowsky-statement-on-new-obamacare-reports/

Older

Justice Department Recovers Over $4.7 Billion From False Claims Act Cases in Fiscal Year 2016

Newer

Florida Receives D+ on Women’s Poverty, Access to Opportunity, with Wide Disparities by County

Advisor News

  • Help women break through their retirement roadblocks
  • Advisors await SEC decision on Vanguard fair fund distribution
  • What to do when adult children become the client
  • Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
  • Why vacation homes are becoming a major blind spot for advisors
More Advisor News

Annuity News

  • Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
  • When technology becomes easy to rent, what still separates life and annuity carriers?
  • Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
  • Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
  • Industry pushes back on linking ‘financial strength’ to annuity illustrations
More Annuity News

Health/Employee Benefits News

  • ‘Downright unaffordable’: State employees in Montana to face higher healthcare costs
  • New Wolters Kluwer Health Prior Authorization and Claims Processing Optimization Tools Help Payers Meet Tighter Regulatory Timelines, Reduce High Appeal Overturn Rates
  • State Insurance Commissioner puts Mending Health under supervision
  • Tough medicine: State worker health costs in the red again
  • Mending Health lands under Oklahoma supervision following ACA exit
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Life Insurance Company Centras Life JSC
  • AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
  • When technology becomes easy to rent, what still separates life and annuity carriers?
  • St. Paul & Minnesota Foundation invests $15M to help revive downtown St. Paul
  • Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
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