Sen. Lankford Votes to Start Debate on Healthcare Reform - 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
July 26, 2017 Newswires
Share
Share
Post
Email

Sen. Lankford Votes to Start Debate on Healthcare Reform

Targeted News Service (Press Releases)

WASHINGTON, July 25 -- The office of Sen. James Lankford, R-Okla., issued the following news release:

Senator James Lankford (R-OK) today voted in favor of a procedural measure to begin an open debate and amendment process to repeal and replace the Affordable Care Act.

"Today, I voted to start debate and begin the amendment process to repeal and replace Obamacare," said Lankford. "This was the first step to provide Oklahomans relief from the problems of Affordable Care Act. In Oklahoma, we are down to only one health insurer on the individual market and have experienced an average premium increase of 76 percent in 2017. Across the nation, health care premiums in the exchange are increasing by an average of 25 percent this year. We must debate reforms that will lead to more affordable and practical options for Oklahomans of all socioeconomic levels and all health conditions.

"I know many Oklahomans are confused about what they hear in the media about this health care conversation. Today's vote was only a step forward to discuss how we can best protect Americans from the higher costs and decreased choices forced by Obamacare. At the heart of this conversation are people, and we must not lose sight of that. We cannot let the extreme voices of fear and hyperbole prevent a substantive conversation about how to protect families in poverty and ensure greater choice for everyone."

Affordable Care Act and Healthcare Facts:

* Healthcare insurance premiums have increased 76 percent on average for Oklahoma residents on the Affordable Care Act federal exchange. 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.

* Since 2013, health insurance premiums have risen 105 percent, from an average of $2,784 in 2013 to $5,712 in 2017 on the federal exchange (an increase of $2,928), according to the Health and Human Services Office of the Assistant Secretary for Planning and Evaluation.

* In Oklahoma, the situation is much worse, with premiums skyrocketing by 201 percent ($4,968 higher), since 2013.

* 95,910 families paid $20.9 million in Obamacare penalties in 2014, with the vast majority of these households making incomes of less than $50,000 a year.

* At least 44 counties across America are projected to have no exchange insurer in 2018. That number will likely climb higher in 2019, according to the Centers for Medicare and Medicaid Services.

* The Affordable Care Act individual mandate was designed to force healthy people to buy insurance coverage, however, it has not accomplished that goal. Many healthy people have decided they would rather pay the IRS penalty than buy Obamacare coverage. According to the IRS, for 2015, 6.5 million people paid the individual mandate penalty and another 12.7 million claimed one of the various exemptions from paying the penalty.

Older

Young, Donnelly react to Senate health care vote

Newer

Sen. Markey Votes No on Motion to Proceed to Debate Trumpcare

Advisor News

  • Help women break through their retirement roadblocks
  • Advisors await SEC decision on Vanguard fair fund distribution
  • What to do when adult children become the client
  • Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
  • Why vacation homes are becoming a major blind spot for advisors
More Advisor News

Annuity News

  • Best’s Market Segment Report: Global Life/Annuity Reinsurers Remained Poised for Steady Growth
  • When technology becomes easy to rent, what still separates life and annuity carriers?
  • Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
  • Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
  • Industry pushes back on linking ‘financial strength’ to annuity illustrations
More Annuity News

Health/Employee Benefits News

  • Hickman gets 27 months for leading benefits plot Northfield man gets 27 months for leading $50M health insurance scheme
  • Complaint Index Report Shows Assistance for Sumner County Residents
  • Obamacare premiums set to rise next year, filings show
  • ‘Downright unaffordable’: State employees in Montana to face higher healthcare costs
  • New Wolters Kluwer Health Prior Authorization and Claims Processing Optimization Tools Help Payers Meet Tighter Regulatory Timelines, Reduce High Appeal Overturn Rates
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Crum & Forster Insurance Group’s Members and Monitor Life Insurance Company of New York
  • AM Best Affirms Credit Ratings of Life Insurance Company Centras Life JSC
  • AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
  • When technology becomes easy to rent, what still separates life and annuity carriers?
  • St. Paul & Minnesota Foundation invests $15M to help revive downtown St. Paul
More Life Insurance News

NEWS INSIDE

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

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
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