Senate Votes on Dr. Rand Paul's Obamacare Repeal Amendment - 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
August 6, 2017 Newswires
Share
Share
Post
Email

Senate Votes on Dr. Rand Paul’s Obamacare Repeal Amendment

Targeted News Service (Press Releases)

WASHINGTON, July 26 -- The office of Sen. Rand Paul, R-Ky., issued the following news release:

Today, the Senate voted on U.S. Senator and physician Rand Paul's amendment, the Obamacare Repeal Reconciliation Act, which was introduced as Amendment No. 271 to the American Healthcare Act of 2017 [HR 1628] last night. The vote was 45-55.

Dr. Paul released the following remarks:

I'm a physician, an eye surgeon. I've spent my entire life in medicine. I have seen the disaster that is Obamacare up close.

Let's review why we are here. Why must we repeal Obamacare?

Obamacare premiums have doubled in the individual market in just a few short years.

Obamacare insurance rules and mandates have caused 4.7 million plan cancellations across 30 states.

800,000 fewer jobs because of Obamacare mandates and costs.

50% of Americans have only one choice in insurance.

Many counties now have NO insurance choices. 25,000 Kentuckians who make less than $25,000 a year pay Obamacare FINES instead of getting insurance, because they can't afford the prices. Kentuckians who can't afford Obamacare Insurance pay over $16 million in fines.

This bill is a clean repeal - though only a partial repeal. Arcane Senate rules prevent a complete repeal from being considered today. So, this bill is just the beginning. This bill begins to unravel the nightmare of Obamacare.

Let me be very clear, large parts of Obamacare remain after this repeal bill today. What this bill does, though, is force both sides to come together to find a bipartisan solution during the two year transition.

The bill gives us a two year window for both sides of the aisle to come together to discover how we can get MORE insurance for MORE people for LESS cost.

Currently there are still 27 million people without insurance even after Obamacare. Half of them say they can't get insurance because it is still too expensive. One answer to this terrible situation is to legalize the formation of nationwide health associations.

We need to do more for people to get insurance. I want everyone in America to be able to join a group, for protection against illness and to bring costs down.

Right now, if you have group insurance, if you work for a large corporation like Toyota or Ford, you're protected if you get really sick. You don't lose your job or your coverage. But if you're an individual or small business, you are left out. I want to change the rules to allow nearly any group to offer insurance, From your local Chamber of Commerce to your credit union, to your professional association.

Instead of talking about how many fewer people we can cover, let's talk about how many more we could cover if we legalize choice.

We also have to bring competition to healthcare, and let the market bring down prices. We can only do that by dramatically expanding the size and scope of Health Savings Accounts.

Since we won't be doing that today, we have more work to do, and we should keep working at it.

But we have to start somewhere. And where we should start is where we all promised we would be - here to repeal Obamacare.

We all ran on it. All but one of us voted for it in 2015. It is simple. If you are against the taxes and mandates of Obamacare you have an obligation to vote for this bill today.

Of course it isn't the last word. Some may want more repeal, and we can try that. Some have different replace ideas - I'm one of those people - and we have to keep working on THAT. But today let's pass a repeal, one with a two year window to wind down, and let's do what we told the American people we would do.

There are some, especially on the other side or in the media - or both - who ask, "Can Republicans govern?"

That's a good question. I say yes, but I tell you this - it's hard to say yes if we cant do something as simple as keeping our word. As simple as voting today how we voted before, when we were asking to be in charge.

If you tell people you're going to do something, do it. It's just that simple.

Let's repeal Obamacare.

Older

Sen. Cotton Issues Statement on Vote to Begin Obamacare Repeal

Newer

Defense Logistics Agency Continues Critical Support to Wildland Firefighting, Working With State, Federal, Local Partners

Advisor News

  • Iowa House backs temporary tax hike to fill Medicaid gap
  • Iowa Medicaid temporary tax plan draws sharp public opposition
  • Charitable giving planning can strengthen advisor/client relationships
  • New $6K deduction could provide tax planning window for retirees
  • Iowa Medicaid temporary tax plan draws sharp opposition
More Advisor News

Annuity News

  • We can help find a loved one’s life insurance policy
  • 2025: A record-breaking year for annuity sales via banks and BDs
  • Lincoln Financial launches two new FIAs
  • Great-West Life & Annuity Insurance Company trademark request filed
  • The forces shaping life and annuities in 2026
More Annuity News

Health/Employee Benefits News

  • Medical debt associated with deferring dental, medical, and mental health care: Johns Hopkins Bloomberg School of Public Health
  • New Managed Care Study Findings Recently Were Reported by Researchers at University of Texas Southwestern Medical Center (Association of Vaping-Related Events with Relative Harm Perceptions of E-Cigarettes): Managed Care
  • Findings from American Public University Provides New Data about Managed Care (Public Health Impact of Wildfire Smoke Exposure: Analysis of Respiratory-Related Medicaid Claims in Wyoming): Managed Care
  • Iowa House backs temporary tax hike to fill Medicaid gap
  • Health insurance jargon can be frustrating and confusing – here’s how to navigate it
More Health/Employee Benefits News

Life Insurance News

  • New individual life premium hits record-setting $17.5B in 2025
  • Maryland orders Cigna to halt underpaying doctors or give cause
  • Insurers optimistic about their investments in 2026
  • AM Best Affirms Credit Ratings of PVI Insurance Corporation
  • Securian Financial Study Finds Americans Are Falling Into Workplace Benefits “Affordability Trap,” With Many Taking Financial Risks for Bigger Paychecks
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

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

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Press Releases

  • LifeSecure Insurance Company Announces Retirement of Brian Vestergaard, Additions to Executive Leadership
  • RFP #T02226
  • YourMedPlan Appoints Kevin Mercier as Executive Vice President of Business Development
  • ICMG Golf Event Raises $43,000 for Charity During Annual Industry Gathering
  • RFP #T25521
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