Sen. Lankford Issues Statement on Senate’s Failure to Repeal, Replace Obamacare
Targeted News Service
WASHINGTON, July 28 -- The office of Sen. James Lankford, R-Okla., issued the following statement on the Senate's failure to pass a bill to repeal and replace Obamacare. Although Lankford supported the Health Care Freedom Act in order to progress to a House-Senate conference committee process, it was voted down by a vote of 49-51:
"I'm deeply disappointed that the Senate was unable to repeal and replace Obamacare. For years, I and my staff have worked to develop solutions to our national healthcare crisis.
"After months of work and debate, we were one vote short. It is my concern that rates will continue to skyrocket and insurance options will continue to fade. In Oklahoma, the tax penalties of Obamacare mostly fall on people who make less than $50,000 a year. I will continue to work to get relief for all Oklahoma families who daily deal with the consequences of Obamacare.
"While some have benefited from the subsidies of Obamacare, it is clear that an equal number have also been harmed from the law. We should not stop working to find solutions to a law that has caused so much damage to our economy and our healthcare delivery system."
Healthcare insurance premiums have increased 76 percent on average for Oklahoma residents on the Affordable Care Act federal exchange this year. Oklahoma is one of five states to only have one insurer on the exchange (Blue Cross Blue Shield) in 2017, joining South Carolina, Alaska, Alabama and Wyoming.
Rep. Newhouse Issues Statement on Senate Health Care Vote
Rep. Lamborn Issues Statement on Senate Failure to Repeal Obamacare
Advisor News
- Addressing the longevity paradox
- Employers shift focus from retirement access to financial outcomes
- Helping widowed clients navigate their new financial reality
- Navigating client communication in a digital age
- Can your advisory firm survive without you?
More Advisor NewsAnnuity News
- Farm Bureau P&C insurers post first underwriting gain since 2021
- Legacy Marketing, Malibu Life launch two fixed indexed annuities
- Changing client priorities are reshaping annuity conversations
- Solen Software acquires annuity software provider Cooperative Technologies
- MassMutual Expands Lending Options With New Secured Credit Line
More Annuity NewsHealth/Employee Benefits News
- Oxbridge Health to Save Employers as Much as 25% on Health Benefits in 2027
- Navitus MedicareRx (PDP) earns top federal rating for 11th consecutive year
- How California can stop making health insurance more expensive
- MIDTERM ELECTION UPDATE: MEDICAID CHANGES
- What’s behind the growth of CHOICE arrangements?
More Health/Employee Benefits NewsLife Insurance News