Seven Years Of Obamacare's Broken Promises - 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
March 24, 2017 Newswires
Share
Share
Post
Email

Seven Years Of Obamacare’s Broken Promises

Targeted News Service (Press Releases)

WASHINGTON, March 23 -- The office of Sen. Mitch McConnell, R-Ky., issued the following remarks on the Senate floor regarding the urgent need to repeal and replace Obamacare:

"Today marks the seventh anniversary of Obamacare becoming law. In the years since, millions of Americans lost their plans and their doctors. They saw the costs of their premiums and deductibles soar. They watched their choices disappear as insurers were forced out of the marketplace.

"Former-President Bill Clinton called Obamacare 'the craziest thing in the world.' He's right. It's a direct attack on the middle class. These failed policies are affecting real people every day. Americans expected the law to deliver on its promises, but instead, they paid more and received less.

"Obamacare has been a flawed system from the start, and over the past seven years, things have gotten progressively worse. Our nation cannot continue on this trajectory as Obamacare continues to unravel at every level, leaving Americans to pick up the pieces. On this seventh anniversary of Obamacare's enactment, Americans deserve a better way forward. And, thankfully, we finally have a Congress and a president who are committed to delivering much-needed reform.

"The legislation currently before the House will help bring relief. It will repeal and replace Obamacare, which is exactly what we promised the American people we would do. Instead of forcing Americans to buy something they may not want, like Obamacare does, this bill will give Americans the freedom to choose what type of coverage is right for them.

"I look forward to the House passing that bill soon. And we look forward to taking it up in the Senate where there will be a robust amendment process. And then, I look forward to collaborating with my colleagues to pass it. It's important, however, to remember that this bill is only one part of our three-prong strategy to bring relief. The administration is already working to fix the damage seven years of Obamacare has done to health markets across the country. And, we will continue to consider further legislation in Congress to bring more competition and reform.

"It's time to move on from seven years of Obamacare's broken promises and unyielding attacks on the middle class. The status quo is not an option. So let's work together to get this done."

07M-Furigay-5814693 07M-Furigay

Older

Minnesota’s Kenneth Cooksey Joins Alliant

Newer

Washington lawmakers say they can’t plan yet for health care changes as GOP hopes to repeal Obamacare stall in Congress

Advisor News

  • Nearly half of nonretirees doubt they will fully retire
  • How much could failure to fund Social Security cost average Americans?
  • How can more Americans achieve financial independence?
  • Savers vs. spenders: How money management attitudes impact financial confidence
  • Demonstrating the value of life insurance to Gen Z
More Advisor News

Annuity News

  • Jackson CEO Laura Prieskorn to retire at the end of 2026
  • Has your annuity been reinsured in the Cayman Islands? Here’s why it matters
  • DOL slams pension risk transfer lawsuit as ‘opportunistic’ litigation
  • AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
  • Advisors don’t have an annuity problem; they have an integration problem.
More Annuity News

Health/Employee Benefits News

  • VA fits the definition of a social program
  • New Managed Care Data Have Been Reported by Shana L. Metzger and Co-Authors (Centers for Medicare and Medicaid Services staffing regulations in critical access hospitals: Implications for nurse practitioner practice and rural care access): Managed Care
  • Florida man arrested after sending 7 former co-workers' paychecks to his own bank account, deputies say
  • Insurers hedge on Trump-backed pledge to improve denials process
  • SCHNEIDER, SEWELL, OCASIO-CORTEZ LEAD 52 DEMOCRATS URGING SECRETARY KENNEDY AND ADMINISTRATOR OZ TO RESCIND TRUMP POLICY TO ALLOW HEALTH INSURANCE COMPANIES TO OFFER PREDATORY LOANS
More Health/Employee Benefits News

Life Insurance News

  • AM Best Comments on Credit Ratings of Horace Mann Educators Corporation and Its Subsidiaries Following Announced Transaction with Medical Mutual of Ohio
  • AM Best Affirms Credit Ratings of Hanwha General Insurance Company Limited
  • Globe Life boosts Q2 earnings, eyes AI shift for long-term growth
  • ATTORNEY GENERAL BRENNA BIRD LEADS FIGHT TO PROTECT IOWA PENSIONS
  • AM Best Affirms Credit Ratings of Bao Viet Insurance Corporation
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

  • Prosperity Life GroupSM Launches Prosperity PathWaySM Series, Bringing Greater Choice and Flexibility to Retirement Income Planning
  • Senior Market Sales® Fortifies Annuity Reach With Acquisition of Retirement Planning Firm Stratton & Company
  • RFP #T01625
  • Rockwood Programs Appoints Kerry Ladouceur as Vice President, Financial Lines
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