Sen. Feinstein Issues Statement on Keeping Affordable Care Act
Targeted News Service
WASHINGTON, June 30 -- Sen. Dianne Feinstein, D-Calif., issued the following statement setting the record straight on the stability of the Affordable Care Act:
"In an effort to build support for their disastrous health care bill, Senate Republicans and President Trump say the Affordable Care Act is 'dead' or 'imploding.' These statements are flat-out wrong--a political ruse.
"Covered California--the marketplace to buy health insurance--functions at a high level. That's because the state has worked hard to implement the law effectively. This is a lesson that Republican leaders would do well to learn.
"There are 1.5 million people signed up through Covered California. Enrollments have been stable, and there has been no uptick in healthy people leaving the market. The majority of people who buy insurance on the individual market in California--90 percent--don't feel the effects of rising premiums because tax credits shield them from premium increases.
"Republicans can't make an affirmative case for passing their bill so they continue to resort to false statements about the stability of the Affordable Care Act. Californians won't be fooled."
Sen. Brown Applauds Kasich Veto of Medicaid Rollback
GEICO Opens Local Office to Serve Residents in Suffolk County
Advisor News
- Could a narrower focus help grow your practice?
- U.S. debt hits $40 trillion: how to support concerned clients
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
More Advisor NewsAnnuity News
- MassMutual Expands Lending Options With New Secured Credit Line
- Corebridge Financial Introduces Progressive Trigger, a First-of-Its-Kind Index Annuity Strategy Designed to Turn Missed Years into Future Opportunity
- Insurer proposes $1.1M deal to resolve CA teachers’ annuity fee lawsuit
- IMOs get frustrated with slow carrier adoption of faster technology
- New class-action lawsuit targets Delaware Life over annuity disclosures
More Annuity NewsHealth/Employee Benefits News
Life Insurance News