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
- Poor money habits are a dealbreaker in a new relationship
- DC plan sponsors see opportunity in alternatives
- The American Dream: Redefined as financial stability
- Partial annuitization: How advisors can help clients balance income, growth
- Guide women along the walk through widowhood
More Advisor NewsAnnuity News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
- KBRA Assigns Rating to TruSpire Retirement Insurance Company
- Partial annuitization: How advisors can help clients balance income, growth
- Guide women along the walk through widowhood
More Annuity NewsHealth/Employee Benefits News
- Study Results from Kansai Medical University Update Understanding of Cerebrovascular Disease (Cardiovascular Safety of Romosozumab Versus Other Anti-Osteoporosis Medications in Patients with Osteoporosis: A Nationwide Health Insurance Claims …): Central Nervous System Diseases and Conditions – Cerebrovascular Disease
- This Miami health system could go out-of-network with United. What it means for you
- Health benefit premiums for NJ school workers expected to rise by 34%
- Atrium’s WakeMed acquisition faces new hurdle after State Health Plan decision
- Fewer members, more profit: UnitedHealth shares surge on Q2 earnings beat
More Health/Employee Benefits NewsLife Insurance News
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Upgrades Credit Ratings of Sagicor Financial Company Ltd. and Most of Its Subsidiaries
- Trust, technology and the future of claims
- New York Life Launches an Indemnity Benefit for its Asset Flex Long-Term Care Insurance Solution
- AM Best Affirms Credit Ratings of DB Insurance Co., Ltd.
More Life Insurance News