Sen. Young still committed to replacing Obamacare - 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
October 14, 2017 Newswires
Share
Share
Post
Email

Sen. Young still committed to replacing Obamacare

Herald-Times (Bloomington, IN)

Oct. 14--U.S. Sen. Todd Young reaffirmed his commitment Friday to finding a replacement for the Affordable Care Act as President Donald Trump forces Congress's hand through executive order.

Earlier this week, Trump signed an executive order allowing healthier enrollees to switch to plans offered by trade associations. He followed that up announcing the federal government would halt payments for cost-sharing reductions, payments that allow millions of low-income Americans afford coverage. The subsidies total about $7 billion this year.

"As a constitutional matter, it's clearly the job of the legislative branch to appropriate funds," the Indiana Republican senator said of Trump's executive order halting payments to insurers. "I think that the president, constitutionally, is correct here. I'm duty-bound to support the Constitution, so I am supportive of the executive branch following the Constitution."

Trump's executive orders come just weeks after a third failed bid by Congress to repeal and replace the ACA, and just two and a half weeks before the Marketplace is set to open again Nov. 1. Young voted in favor of the two earliest attempts. A vote on the Graham-Cassidy Bill was scrapped after it was apparent it would not pass.

Young, who sat down with Herald-Times reporters Friday morning to discuss a range of topics, said he remains committed to finding a replacement for the ACA that benefits all Hoosiers.

"It's really important that Hoosiers continue to have access to affordable health care. Unfortunately, the Affordable Care Act is neither affordable nor accessible for lots of Hoosiers, nor sustainable," Young said, adding that two-thirds of Indiana counties have a single insurer option on the Marketplace. "That's the definition of no competition."

Democratic colleagues of Young's, including former presidential candidate Bernie Sanders, have called for a single-payer health care system, acknowledging flaws within the ACA. Young said he believes there's a better, more American option out there.

"This is not what Hoosiers want. Single-payer plans around the world do seem to provide care at a lower cost, but what often is lost in that sort of bumper-sticker characterization of these single-payer systems is there's some form of rationing," Young said. "Whether it's through longer waiting times or through a more limited availability of certain life-saving or life-improving drugs or medical devices. So, rationing is not the American way. It's not consistent with the culture of most of this country."

As a member of the Senate's Health Education Labor and Pensions Committee, Young said he is committed to working across the aisle to find a solution. He added that he had previously reached out to every Democrat in the Senate to solicit ideas and begin a dialogue.

"If Congress fails to act, we know that health care will continue to be inaccessible, overly costly and unsustainable for Hoosiers as it under the ACA," he said.

"I think we need to actually remove our ideological blinders and have an honest, fact-based conversation. Before we can do that, we have to agree on same base-level facts. You can't have respectful debates if you can't agree on some base-level facts, so that's always a challenge in Washington."

Young admitted that health care is an especially tough issue to find common ground on because it doesn't lend itself well to incremental wins, or trade-offs.

"Health care is more about major systems, so it's harder," he said, adding that members of Congress need to stop questioning others' motivations in a mean-spirited fashion. "For those of us who are critical of the (ACA), which most Americans know as Obamacare, we need to watch our tone and our word choice so that we create the space for people to embrace broader reforms."

___

(c)2017 the Herald-Times (Bloomington, Ind.)

Visit the Herald-Times (Bloomington, Ind.) at www.heraldtimesonline.com

Distributed by Tribune Content Agency, LLC.

Older

Key questions and answers about Trump’s health care move

Newer

70,000 Washingtonians face higher insurance costs after Trump order, officials say

Advisor News

  • Embracing a family-centric approach to financial planning
  • Family communication: Financial planning’s growing blind spot
  • Americans aren’t turning retirement plans into action, LIMRA finds
  • Ashley Hinson ‘death tax’ story collides with truth
  • How advisors can prepare clients for an uncertain retirement landscape
More Advisor News

Annuity News

  • Investigation finds deceptive sales, churning of annuities targeting postal workers
  • Corebridge annuity sales slip ahead of Equitable marriage
  • California teachers settle class-action lawsuit over in-plan annuity fees
  • Jackson Financial CEO caps 40-year career with blockbuster Q2
  • Lumos Insurance introduces the Immediate Care Plan to help families fund long-term care
More Annuity News

Health/Employee Benefits News

  • Louisiana hospitals see sharp uptick in uninsured patients after Obamacare subsidies expired
  • CareScout Redefines Worksite Long-Term Care Insurance With a Solution That Goes Further for Employers and Employees
  • Next Generation My Care – It’s here … now what?
  • 4 common LTC missteps older Americans must avoid
  • Missouri and Kansas can expect double-digit Obamacare premium hikes again
More Health/Employee Benefits News

Life Insurance News

  • Built to Last: Winston-Salem—a quiet industrial powerhouse
  • The silver economy ushers in a new era of life insurance growth
  • Family communication: Financial planning’s growing blind spot
  • Indiana eyes more oversight of insurance companies' exposure to private credit
  • HEALEY-DRISCOLL ADMINISTRATION RETURNS $14.5 MILLION TO HEALTH AND DENTAL INSURANCE CONSUMERS AND BUSINESSES
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

  • Royal Neighbors Unveils Its 2026 Scholarship Recipients 2026 Royal Neighbors Scholars Making a Difference Across the Country
  • Ibexis Announces Expanded Bank Relationships and New Index Options for FIA Plus® and WealthDefender® Series
  • Agent Review Launches Video AI Identity Verification to Help Protect Insurance Professionals, Consumers and Public Trust
  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
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