Sen. Alexander to Dr. Price: We Will Work to Rescue Americans Trapped in Collapsing Obamacare System, Build Better Systems - 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 29, 2017 Newswires
Share
Share
Post
Email

Sen. Alexander to Dr. Price: We Will Work to Rescue Americans Trapped in Collapsing Obamacare System, Build Better Systems

Targeted News Service (Press Releases)

WASHINGTON, Jan. 18 -- The office of Sen. Lamar Alexander, R-Tenn., issued the following news release:

At today's Senate health committee hearing on the nomination of Rep. Tom Price (R-Ga.) to lead the Department of Health and Human Services, Chairman Lamar Alexander (R-Tenn.) said that Obamacare should be repealed and replaced simultaneously and concurrently as President-elect Trump and Speaker Paul Ryan have also suggested.

"To me, 'simultaneously' and 'concurrently' means Obamacare should be finally repealed only when there are concrete, practical reforms in place that give Americans access to truly affordable health care. The American people deserve health care reform that's done in the right way, for the right reasons, in the right amount of time. It's not about developing a quick fix. It's about working toward long-term solutions that work for everyone."

During the hearing, Alexander addressed the collapsing Obamacare exchanges in Tennessee and across the country and detailed his three-part plan to repeal and replace Obamacare simultaneously and concurrently.

"If your local bridge were 'very near collapse,' the first thing you would do is send in a rescue crew to repair it temporarily so no one else is hurt. Then you would build a better bridge, or more accurately, many bridges, to replace the old bridge. Finally, when the new bridges are finished you would close the old bridge.

We will first send in a rescue crew to repair temporarily a collapsing health care market so no one else is hurt. Then, step by step, we will build better systems that give Americans access to truly affordable health care. We will do this by moving health care decisions out of Washington, D.C., and back to states and patients."

Alexander said Dr. Price was an excellent nominee and said he looked forward to working with him on rescuing Americans trapped in the failing Obamacare system and building better systems.

Alexander concluded: "Finally, when our reforms become concrete, practical alternatives, we will repeal the remaining parts of Obamacare in order to repair the damage it has caused Americans. This is what I believe we mean when we say Obamacare should be repealed and replaced, simultaneously and concurrently."

Senator Alexander's prepared remarks are below:

Dr. Price, if confirmed to lead the Department of Health and Human Services (HHS) as its Secretary, you will be running a $1.11 trillion organization.

You will be overseeing Medicare and Medicaid; mental and substance abuse programs, the National Institutes of Health, the Food and Drug Administration, and the implementation of Obamacare.

Dr. Price, I believe you are an excellent nominee to do this job.

You were a practicing orthopedic surgeon for nearly two decades. You were a professor at Emory University School of Medicine, teaching resident doctors in training, and served as Medical Director of the Orthopedic Clinic at Grady Memorial Hospital. In the House, you were chairman of the Budget Committee and a leader in deliberations over the future of our health care system.

Following the presidential election, President-elect Trump said on "60 minutes" that replacement and repeal of Obamacare would be done "simultaneously." To me, that means at the same time.

And then recently Speaker of the House Paul Ryan said that repeal and replacement of Obamacare would be done "concurrently."

And Senator McConnell has said that we need to do this promptly and in manageable pieces.

To me, "simultaneously" and "concurrently" means Obamacare should be finally repealed only when there are concrete, practical reforms in place that give Americans access to truly affordable health care.

The American people deserve health care reform that's done in the right way, for the right reasons, in the right amount of time. It's not about developing a quick fix. It's about working toward long-term solutions that work for everyone.

One way to think about what "simultaneously" and "concurrently" mean is to think about Obamacare in the same way you would think about a collapsing bridge in your hometown, because that is just what is happening with Obamacare.

According to the Tennessee insurance commissioner, the Obamacare insurance market in our state is "very near collapse." Across the country, premiums and co-pays are up and employers have cut jobs to afford Obamacare costs. Medicaid mandates are consuming state budgets. In one third of America's counties citizens with federal subsidies only have a single choice of company to buy insurance from on Obamacare exchanges. Without quick action, next year they may have zero choices. Their subsidies may be worth as much as a bus ticket in a town where no buses run.

If your local bridge in Wyoming or Tennessee were "very near collapse," the first thing you would do is send in a rescue crew to repair it temporarily so no one else is hurt.

Then you would build a better bridge, or more accurately, many bridges, to replace the old bridge. Finally, when the new bridges are finished you would close the old bridge.

That is how we propose to proceed: to rescue those trapped in a failing system, to replace that system with a functional market, or markets--as states develop their own plans for providing access to truly affordable health care--and then repeal Obamacare for good.

First, we will offer a rescue plan so the 11 million Americans who buy individual insurance now on the exchanges can continue to do so while we build a better set of concrete, practical alternatives.

Second, we will build better systems providing Americans with more choices of insurance that costs less. Note I say systems, not one system. If anyone is expecting Senator McConnell to roll a wheelbarrow on to the senate floor with a comprehensive Republican health care plan they're going to be waiting a long time because we don't believe in that. We don't want to replace a failed Obamacare federal system with another failed federal system.

So, we will build better systems providing Americans with more choices of insurance that costs less. We will do this by moving more health care decisions out of Washington and into the hands of states and patients and by reducing harmful taxes. And we will do this carefully, step by step, so that it is effective.

Finally, we will repeal what remains of the law that did all this damage and created all this risk.

30FurigayJof-5753798 30FurigayJof

Older

Executive Order Minimizing Economic Burden of Patient Protection, Affordable Care Act Pending Repeal

Newer

Rep. Olson: The New Congress’s Opportunity to Turn the Tide on Abortions

Advisor News

  • Social Security literacy is crucial for advisors
  • The $25T market opportunity in mid-market and mass-affluent households
  • Advisors must lead the policy risk conversation
  • Gen X more anxious than baby boomers about retirement
  • Taxing trend: How the OBBBA is breaking the standard deduction reliance
More Advisor News

Annuity News

  • CT commissioner: 70% of policyholders covered in PHL liquidation plan
  • ‘I get confused:’ Regulators ponder increasing illustration complexities
  • Three ways the Corebridge/Equitable merger could shake up the annuity market
  • Corebridge, Equitable merge to create potential new annuity sales king
  • LIMRA: Final retail annuity sales total $464.1 billion in 2025
More Annuity News

Health/Employee Benefits News

  • New Findings from Highmark Health in the Area of Health and Medicine Reported (Neighborhood opportunities and pediatric health care utilization: implications for Medicaid managed care): Health and Medicine
  • New Insurance Study Findings Reported from University of Nevada (The Cost of Health Insurance and Entry Into Entrepreneurship): Insurance
  • ST. LOUIS COUNTY MAN ADMITS $637,000 IN PANDEMIC, DISABILITY FRAUD
  • Farm Bureau Plans Are a Less Pricey Alternative to ACA Coverage — With Trade-Offs
  • NAIFA applauds final Medicare rule reflecting key industry recommendations
More Health/Employee Benefits News

Life Insurance News

  • Virginia insurance regulators order rate cuts for several Aflac policies
  • INDUSTRY LEADERS, STAKEHOLDERS WELCOME NEW CHIEF ADVOCACY OFFICER
  • Stephanie Lundquist, Bryan Jordan join Securian Financial Board of Directors
  • WHAT THEY ARE SAYING: KATHLEEN COULOMBE JOINS ACU AS CHIEF ADVOCACY OFFICER
  • A-CAP Appoints Kirk Cullimore as President of Sentinel Security Life
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

Protectors Vegas Arrives Nov 9th - 11th
1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.

An FIA Cap That Stays Locked
CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.

Aim higher with Ascend annuities
Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond

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

Leveraging Underwriting Innovations
See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.

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