Senate HELP Committee holds final public hearing with health care stakeholders on steps to stabilize individual insurance market - 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
September 15, 2017 Newswires
Share
Share
Post
Email

Senate HELP Committee holds final public hearing with health care stakeholders on steps to stabilize individual insurance market

Congressional Documents & Publications

(Washington, D.C.) - Today, led by Ranking Member Patty Murray (D-WA) and Chairman Lamar Alexander (R-TN), the Senate Health, Education, Labor, and Pensions (HELP) Committee held its final scheduled hearing with doctors, hospitals, and patients on bipartisan steps Congress can take to stabilize the individual insurance market. If Congress doesn't act as soon as possible, millions of Americans will face higher premiums and fewer coverage options in 2018 as a direct result of sabotage and uncertainty in the individual insurance market.

In her opening statement, Ranking Member Murray highlighted key areas of common ground--like multi-year certainty for out-of-pocket cost reductions, reinsurance, and consumer outreach and assistance--and encouraging conversations on offering more flexibility to states that don't undermine the guardrails patients and families rely on.

Key Excerpts from Ranking Member Murray's Opening Statement:

"We've heard from many people, including Republican and Democratic witnesses, who see the need for multiple years of certainty on out-of-pocket cost reductions, as well as the need for reinsurance to assist states in strengthening markets. And we've acknowledged the importance of making sure outreach around open enrollment is robust and effective so that families are informed about their coverage options."

"I was also glad to hear in Tuesday's hearing that we agree on the need to uphold patient protections in any deal we reach. I've been glad to hear ideas, inside these hearings and out, for offering more flexibility to states--many of which take approaches that don't undermine our core goal of stabilizing markets and lowering costs for families."

"Governors have suggested ways to speed up and streamline the process in ways that don't result in coverage loss, raise patients' costs, or undermine quality of care. Insurance commissioners and patients have talked about ways to increase flexibility and actually allow for improvements for patients--but without putting insurance companies back in charge or undercutting core patient protections. So I am encouraged by that. And I am hopeful we can get a result."

"Now, to be clear--some of the proposals I've heard discussed would leave people vulnerable to these negative consequences--undermine essential health benefits--and take us back to a time when plans didn't cover maternity care, substance use disorder treatment, mental health, or prescription drugs. That would be unacceptable--and I don't think either side expects that we settle those larger issues in this current negotiation."

"But I'm confident there's room for common ground, right here in the coming days--that makes it easier for states to innovate in ways that make health care work better for patients, and I'm looking forward to continued discussion on this."

Full Text of Ranking Member Murray's Opening Statement:

"Thank you very much, Chairman Alexander.

"I am so grateful to you for returning us to a committee process.

"This is the way things ought to go and the way we should be getting things done here in the Senate, and I appreciate your leadership in holding these hearings.

"I want to thank our colleagues who are joining us today--and our witnesses who are taking time out to be with us, as well.

"This is our last scheduled hearing on bipartisan steps we can take to stabilize the individual insurance market, so that millions of Americans won't face higher premiums and fewer coverage options in 2018 and beyond.

"I'm pleased we've had productive, bipartisan conversations over the last two weeks.

"In the coffees we've held with our witnesses and in the hearings themselves, we've gotten valuable input from governors, experts, and members on both sides of the aisle.

"As well as from Senators who don't serve on this committee but care deeply about making our health care system work better.

"I'm grateful for all of this input--and I think it indicates an enormous amount of common ground on key issues--so I'd like to discuss the opportunity I think we have in front of us in a bit more detail.

"We've heard from many people, including Republican and Democratic witnesses, who see the need for multiple years of certainty on out-of-pocket cost reductions, as well as the need for reinsurance to assist states in strengthening markets.

"And we've acknowledged the importance of making sure outreach around open enrollment is robust and effective so that families are informed about their coverage options.

"I was also glad to hear in Tuesday's hearing that we agree on the need to uphold patient protections in any deal we reach.

"I've been glad to hear ideas, inside these hearings and out, for offering more flexibility to states--many of which take approaches that don't undermine our core goal of stabilizing markets and lowering costs for families.

"Governors have suggested ways to speed up and streamline the process in ways that don't result in coverage loss, raise patients' costs, or undermine quality of care.

"Insurance commissioners and patients have talked about ways to increase flexibility and actually allow for improvements for patients--but without putting insurance companies back in charge or undercutting core patient protections. So I am encouraged by that. And I am hopeful we can get a result.

"Now, to be clear--some of the proposals I've heard discussed would leave people vulnerable to these negative consequences--undermine essential health benefits--and take us back to a time when plans didn't cover maternity care, substance use disorder treatment, mental health, or prescription drugs.

"That would be unacceptable--and I don't think either side expects that we settle those larger issues in this current negotiation.

"But I'm confident there's room for common ground, right here in the coming days--that makes it easier for states to innovate in ways that make health care work better for patients, and I'm looking forward to continued discussion on this.

"I feel optimistic that there's much more we agree on than disagree on--I think many of us here today feel the same way--and I want to again express my appreciation to all of you for your work in getting us to this point.

"People across the country are looking to Congress for solutions on health care.

"It's a deeply personal issue and one that has been far too partisan and divisive for too long.

"I hope that our conversations over the last few weeks can mark a turning of the page away from that kind of partisanship.

"And that we can take some steps in the next few days and weeks and then keep the conversation going here in our committee in the months ahead. Thank you."

Read this original document at: https://www.help.senate.gov/ranking/newsroom/press/-murray-lays-out-key-opportunities-for-common-ground-to-lower-families-health-costs-strengthen-markets-calls-for-continued-bipartisan-discussions

Older

Trump Expresses Condolences to Mexican President after Earthquake

Newer

At 4th hearing, with stakes high for 18 million, emphasizes Democrats and Republicans will have to give to reach a compromise

Advisor News

  • Strong underwriting: what it means for insurers and advisors
  • Retirement is increasingly defined by a secure income stream
  • Addressing the ‘menopause tax:’ A guide for advisors with female clients
  • Alternative investments in 401(k)s: What advisors must know
  • The modern advisor: Merging income, insurance, and investments
More Advisor News

Annuity News

  • ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
  • My Annuity Store Launches a Free AI Annuity Research Assistant Trained on 146 Carrier Brochures and Live Annuity Rates
  • Ameritas settles with Navy vet in lawsuit over disputed annuity sale
  • NAIC annuity guidance updates divide insurance and advisory groups
  • Retirement is increasingly defined by a secure income stream
More Annuity News

Health/Employee Benefits News

  • AFP-NH COMMENDS HOUSE FOR REJECTING HEALTH CARE TAX
  • Kansas state employees retain choice of Blue Cross, Aetna for health insurance
  • CONGRESSWOMAN TENNEY CALLS ON DOJ TO INVESTIGATE NEW YORK'S PLAN TO USE MEDICAID FOR AUTOMATIC VOTER REGISTRATION
  • Health insurance legislation signed into law by Reynolds
  • Researchers from Virginia Commonwealth University Report on Findings in Substance Abuse (Health insurance type moderates the association between substance use disorders and cardiovascular multimorbidity among U.S. adults – Results from the 2023 …): Addiction Research – Substance Abuse
More Health/Employee Benefits News

Life Insurance News

  • AI emerges as the biggest risk for financial leaders in 2026
  • 5 steps to take before selling your firm
  • Bismarck man pleads guilty to taking out insurance policy on dead wife
  • ALIRT Insurance Research: U.S. Life Insurance Industry In Transition
  • U-Haul Holding Company Schedules Fourth Quarter Fiscal Year End 2026 Financial Results Release and Investor Webcast
More Life Insurance News

- Presented By -

NEWS INSIDE

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

FEATURED OFFERS

Why Blend in When You Can Make a Splash?
Pacific Life’s registered index-linked annuity offers what many love about RILAs—plus more!

Life moves fast. Your BGA should, too.
Stay ahead with Modern Life's AI-powered tech and expert support.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Discipline Over Headline Rates
Discover a disciplined strategy built for consistency, transparency, and long-term value.

Inside the Evolution of Index-Linked Investing
Hear from top issuers and allocators driving growth in index-linked solutions.

Press Releases

  • JP Insurance Group Launches Commercial Property & Casualty Division; Appoints Joe Webster as Managing Director
  • Sequent Planning Recognized on USA TODAY’s Best Financial Advisory Firms 2026 List
  • Highland Capital Brokerage Acquires Premier Financial, Inc.
  • ePIC Services Company Joins wealth.com on Featured Panel at PEAK Brokerage Services’ SPARK! Event, Signaling a Shift in How Advisors Deliver Estate and Legacy Planning
  • Hexure Offers Real-Time Case Status Visibility and Enhanced Post-Issue Servicing in FireLight Through Expanded DTCC Partnership
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