W&M Press - Ranking Member Neal Opening Statement at Markup of GOP Health Care Legislation - 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
May 24, 2017 Newswires
Share
Share
Post
Email

W&M Press — Ranking Member Neal Opening Statement at Markup of GOP Health Care Legislation

Congressional Documents & Publications

202-225-2856

Ranking Member Neal Opening Statement at Markup of GOP Health Care Legislation

(Remarks as prepared)

Mr. Chairman, recently the House passed a bill that would take away health insurance from 24 million Americans, raise premiums and out-of-pocket costs on millions more, take away coverage guarantees, place an age tax on older Americans and if that's not enough, raids Medicare. Middle-class Americans would be on the front lines of these cuts while the proposal provides substantial tax cuts for the millionaires and billionaires--$7 million a year to the 400 richest Americans.

Let's be clear: the Republican plan that we voted on earlier this month was nothing more than a tax cut disguised as a health care bill. What's worse, the Majority chose to pass it without fully understanding its impact on the American people. Even as we sit here today, we have still not heard from the non-partisan Congressional Budget Office about the legislation's impact. This is not the way we should be approaching an issue so important to the American people.

Nevertheless, today we are marking up 3 bills intended to fix problems in the Republican ACA repeal bill. Mr. Johnson's bill is designed to fix a problem in Trumpcare that affects veterans. But the underlying Republican health plan would dramatically cut Medicaid, a program that provides health care for nearly 2 million veterans. And the President's recently released budget takes it a step further by cutting Veterans' programs, including disability benefits.

Mr. Tiberi's bill would allow individuals purchasing COBRA coverage to receive tax credits. But older Americans are more likely to rely on COBRA, and the Republican Trumpcare bill would allow insurers to charge older Americans up to five times more than younger Americans.

Mr. Barletta's bill would essentially address a non-existent problem regarding Social Security numbers. However, it would make it more difficult for certain Americans - infants and domestic violence victims - to acquire health coverage.

None of these bills fix harm caused by the Republican health care bill and don't have a CBO or JCT score. In fact, two of these bills only take effect if the Republican Trumpcare bill takes effect, which we know will not occur since the Senate has pronounced the House's bill dead on arrival in the Senate. This is purely a charade.

Even if all three of these bills were incorporated into the Trumpcare legislation, they would not undo the terrible cuts in the bill: enormous coverage losses, more than $800 billion in cuts to Medicaid, unraveling of important consumer protections or cuts to programs designed to help address the opioid addiction crisis in my state of Massachusetts and throughout the nation. Everyone in this room has someone close to them addicted to opioids. And Medicaid is now a program that many middle-class Americans rely on for long-term care. Thanks to Medicare and Medicaid, your parents aren't living in your attic.

Republicans can try to distract from the devastation Trumpcare would do to working families. But we all know better. If Republicans are serious about addressing middle-class American health care needs, they would go back to the drawing board and start over.

Older

Top Moments from Speaker Ryan’s Axios One-on-One

Newer

OPINION: Trump’s brutal budget; a better way to vote

Advisor News

  • How to listen to what your client isn’t saying
  • 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
More Advisor News

Annuity News

  • MassMutual turns 175, Marking Generations of Delivering on its Commitments
  • 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
More Annuity News

Health/Employee Benefits News

  • Pennsylvania Leads the Nation in Fighting Medicaid Fraud
  • REYNOLDS SIGNS HEALTH INSURANCE BILL INTO LAW
  • Guest Column: Why Indiana must rethink the Medicaid middle
  • ALBANY — State lawmakers in New York are looking to block insurance companies from terminating coverage for their clients
  • A challenge for young Marylanders: Getting – and keeping – health insurance
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Berkshire Hathaway Life Insurance Company of Nebraska and First Berkshire Hathaway Life Insurance Company
  • Generational expectations: A challenge for the industry
  • Greg Lindberg asks NC judge for no jail time in bribery, fraud cases
  • National Life Group Names Brenda Betts to Its Board of Directors
  • Ask Tim a Question? Business, Finances, Money, or Taxes
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