Sen. Thune: Without Action, Obamacare’s Problems Will Continue
Thune's remarks are below (as prepared for delivery):
"Mr. President, it's hard to argue that Obamacare is not a failing law.
"Seven years after it became law, its laundry list of problems continues to grow.
"Higher premiums.
"Huge deductibles.
"Customers losing health plans.
"Patients losing doctors.
"Fewer choices.
"Failed co-ops.
"Unraveling exchanges.
"And unfortunately, without action, that list will only get longer and the consequences will only become more severe.
"
"
"Unfortunately, many Americans know that firsthand.
"The American people deserve better, and they rightly expect us to act.
"That's why choosing to watch from the sidelines as Obamacare fails is not an option.
"To say that Obamacare has created significant problems for the American people is an understatement.
"And that's why
"We want to save the millions of hard-working families who are trapped by Obamacare's taxes and mandates.
"Average annual individual market premiums have increased by
"And 62 percent of states using healthcare.gov, including my state of
"We will help stabilize these collapsing insurance markets that have left millions of Americans with little or no options.
"Today, one in three counties has only one insurer on its Obamacare exchange.
"According to CMS, 47 counties nationwide are projected to have no insurers, which means Americans in these counties could be without coverage on the exchanges for 2018.
"As many as 1,200 counties - nearly 40 percent of counties nationwide - could have only one issuer in 2018.
"We will improve the affordability of health care by eliminating the Obamacare taxes and mandates that are causing premiums to increase the most.
"These taxes and mandates have cost the American economy a trillion dollars - a cost that was ultimately incurred by patients in the form of higher costs and larger tax bills.
"Reversing these taxes will provide millions of American families and businesses with much-needed tax relief.
"Mr. President, we'll also preserve access to care for individuals with pre-existing conditions.
"There has been a lot of debate and misinformation about this issue over the past few months.
"In the
"We will also safeguard Medicaid by giving states more flexibility, while ensuring those who rely on this program won't have the rug pulled out from under them.
"States should have the flexibility to design and operate Medicaid programs in a fiscally responsible way and not be stymied by the federal government.
"Making these critical reforms to Medicaid will empower states with the tools they need to implement health care programs that best meet their residents' needs.
"We must also ensure those Americans who already rely on this program will not be left in a lurch.
"
"We will balance the needs of the individuals who have Medicaid coverage, while ensuring sustainability of the Medicaid program.
"Finally, Mr. President, we will free the American people from the onerous Obamacare mandates that, in some cases, force them to purchase insurance they don't want or can't afford.
"These mandates have resulted in burdensome taxes that have been levied against small businesses and the American people.
"The Republican health care plan will revoke these burdensome mandates and put the American people - not
"This would be a huge leap in the right direction for hard-working families and small businesses.
"Reforming America's health care system isn't easy, but that doesn't mean we shouldn't try.
"We've spent years debating this issue, and we've had a lot of ideas along the way.
"Now it's time to take action.
"The core principles of the Republican health care plan are:
"Helping to stabilize collapsing insurance markets;
"Improving the affordability of health insurance;
"Preserving access to care for those with pre-existing conditions;
"Safeguarding Medicaid for those who need it most;
"And freeing the American people from onerous Obamacare mandates.
"Mr. President, without meaningful action, Obamacare's problems aren't going anywhere.
"Without action, the individual market will continue to collapse and more and more Americans will be without insurance options.
"Without action, Americans will continue to experience rising health care costs because of the law's costly taxes and mandates.
"Without action, states will continue to be hamstrung by Medicaid's bureaucracy, and we will not be able to put this critical program on a more sustainable path for the folks who need it the most.
"Without action, the "
"We can't let that happen, which is why we plan to deliver patient-centered health care reforms that lower costs and increase access to care."



Protesters stand against Obamacare repeal
American Consumer Credit Counseling Offers Tips on Saving for Summer Vacation
Advisor News
- Americans unprepared for increased longevity
- More investors will seek comprehensive financial planning
- Midlife planning for women: why it matters and how advisors should adapt
- Tax anxiety is real, although few have a plan to address it
- Trump targets ‘retirement gap’ with new executive order
More Advisor NewsAnnuity News
- AIG to sell remaining shares in Corebridge Financial
- Corebridge Financial, Equitable Holdings post Q1 earnings as merger looms
- AM Best Assigns Credit Ratings to Calix Re Limited
- Transamerica introduces new RILA with optional income features
- Transamerica introduces RILA with optional income features
More Annuity NewsHealth/Employee Benefits News
- Big health systems blamed for affordability crisis
- Minnesotans can expect checks soon from 2020 Blue Cross settlement
- Health insurance stats, Juneteenth update, bistro closes: Wednesday news roundup
- NC House lawmakers push for better breast cancer detection
- Senate approves bills to limit costs for inhalers and diabetes supplies
More Health/Employee Benefits NewsLife Insurance News
- Equitable-Corebridge merger casts shadow over life insurance earnings
- When an MEC is an effective planning tool
- Lincoln Financial Reports 2026 First Quarter Results
- Brighthouse Financial Announces First Quarter 2026 Results
- Life insurance premium jumps 10% in 1Q
More Life Insurance News