Sen. Collins Struggles to Undo Damage Caused By GOP Tax Bill Vote - 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
March 22, 2018 Newswires
Share
Share
Post
Email

Sen. Collins Struggles to Undo Damage Caused By GOP Tax Bill Vote

Targeted News Service (Press Releases)

WESTBROOK, Maine, March 21 -- The Maine Democratic Party issued the following news release:

Maine Senator Susan Collins is struggling to secure passage of legislation aimed at stabilizing the health care insurance market, and she appears to be willing to use a woman's right to make her own personal medical decisions as a bargaining chip.

Collins has included a provision in legislation she introduced to stabilize the market and hold down premiums that would effectively eliminate abortion coverage, even in private insurance plans. While her aim is to try to garner conservative support to pass her bill in the House, conservatives there have made it plain that, regardless of Collins' misguided offer, they have no real interest in shoring up the Affordable Care Act after voting to destabilize it late last year. In fact, conservative Republican Representative Tom Cole of Oklahoma, said, "Nobody in that room voted for Obamacare, so the idea you're going to vote for billions of dollars to stabilize a system you never supported in the first place -- pretty hard to choke down."

Katie Mae Simpson, the Executive Director of the Maine Democratic Party, issued the following statement:

"Despite knowing the dangers, Senator Collins voted to jeopardize the stability of the health insurance market so that she could give tax breaks to the wealthiest instead of prioritizing them for working-class Mainers -- and now she's shortsightedly trying to offer up a woman's right to make her own personal medical decisions as a bargaining chip to fix the damage she created.

"But, as someone who has been in the Senate for more than two decades, Senator Collins should recognize that Republicans -- by their own admission -- have no actual interest in shoring up the ACA and would rather see premiums spike than work to fix it. Throughout this fiasco, all Senator Collins has succeeded in doing is showing Maine people that she is willing to compromise on a woman's right to make decisions in a sad attempt to bail herself out.

"This is just another example of how Susan Collins isn't the deal-making pragmatist she claims to be. She shouldn't have put Maine people in this position to begin with, and Maine people shouldn't have to worry that we're going to pay the price for her bad judgment."

According to the Washington Post, Collins emerged from a meeting with Majority Leader Mitch McConnell earlier this week and cast blame on Democrats for the impasse because they objected to her provision. However, women's health care providers have objected to the provision in Collins' bill.

Meanwhile, Collins' office continues to push out press releases highlighting the need for her legislation, but fails to acknowledge that it was her vote for the GOP tax bill, which gutted the ACA, that made the legislation urgently necessary to begin with. That's why Collins originally said that Congress would pass stabilization bills before voting for the GOP tax bill, then changed the timeline to before the end of 2017, and has since changed the timeline again.

"The bottom line is that if Mainers see a spike in their health care premiums, Susan Collins will be to blame. If women see their ability to access health care coverage diminished, Susan Collins will be to blame," Simpson continued. "We will find out soon enough."

The language included in the legislation introduced by Senator Collins and Lamar Alexander (R-Tennessee) would expand restrictions put in place by the so-called Hyde Amendment which bars federal funds from being used on abortion. The language in Collins' bill would expand the Hyde Amendment by blocking cost-sharing reductions and reinsurance payments from going to plans that offer abortion coverage. If these payments are blocked from going towards these types of plans, private insurance companies may opt to no longer offer them.

Older

Leah Vukmir Leaves 600 Wisconsin Workers Behind

Newer

Major Organizations Voice Support for Rep. Kelly Bill to Make Retirement Saving Easier

Advisor News

  • Industry groups applaud House passage of Financial Exploitation Prevention Act
  • Younger workers more likely to be eligible for a retirement plan after changing jobs
  • Bank of America community event unpacks sales tax hike, small business struggles
  • CONGRESSMAN VALADAO DEMANDS ANSWERS FROM CALIFORNIA OVER HEALTHCARE TAX HIKE
  • How executive benefits impact an estate plan
More Advisor News

Annuity News

  • State Farm’s agency overhaul: What distribution can learn
  • IRI, ACLI express support for CLEAR Forms Act
  • A new era at the Federal Reserve
  • Globe Life Inc. (NYSE: GL) Making Surprising Moves in Tuesday Session
  • Why annuities are gaining traction with younger investors
More Annuity News

Health/Employee Benefits News

  • Collinsville man, St. Louis woman charged in Illinois health fraud case
  • Researchers from University of Virginia Describe Findings in Managed Care (Trends in the Concentration of Interventional Radiology Work Among Radiologists in the United States: Analysis of Medicare Claims Data, 2008-2023): Managed Care
  • Study Findings on Cancer Reported by a Researcher at Community Memorial Hospital (Barriers to Post-Mastectomy Breast Reconstruction: A Comprehensive Retrospective Study): Cancer
  • KFF HEALTH NEWS: MEDICARE'S AI PUSH SNARLS PATIENTS AND DOCTORS IN ERRORS AND DELAYS
  • SPECIAL ENROLLMENT PERIOD NOW OPEN FOR INNOVATIVE HEALTH PLAN; HEALTHCARE PLAN; AND ACLP HEALTH PLAN ENROLLEES
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Misr Insurance Company
  • State Farm’s agency overhaul: What distribution can learn
  • They Allegedly Enrolled People In Life Insurance Without Consent. Then Death Claims Paid Out
  • How much do state residents need to retire comfortably?
  • How executive benefits impact an estate plan
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Maximize Your FIA Case Results
Learn a repeatable process to review, reposition, and present FIA opportunities with confidence.

Aim higher during Annuity Awareness Month
Raise the bar with our diverse portfolio of Ascend annuities, backed by superior financial strength

You Could Be Losing Up to 20% of Your Commissions
GreenWave helps you find, fix, and prevent commission errors.

True Independence Means Having Choices
Cambridge offers flexibility, stability, proven tools—no private equity strings attached.

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Looking for stronger rates, amplified growth & real results?
Sentinel's Accumulation Protector Plus℠ Annuity is for clients wanting more from retirement planning

Press Releases

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
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