House To Vote On Fast-Tracking Health Care Law Repeal - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Washington Wire
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
Health/Employee Benefits News
Washington Wire RSS Get our newsletter
Order Prints
January 13, 2017 Washington Wire
Share
Share
Post
Email

House To Vote On Fast-Tracking Health Care Law Repeal

UPI Top Stories

The U.S. House of Representatives on Friday will vote on a resolution to fast-track repealing the Affordable Care Act, which House Speaker Paul Ryan said is "collapsing."

During a CNN town hall on Thursday, Ryan said Obamacare was in a "death spiral" that the GOP was responsible of repealing and replacing as quickly as possible, adding that the lawmakers have to "intervene to prevent this from getting worse."

The Senate on Wednesday passed a "repeal resolution" attached to a budget bill that would begin the process of dismantling the healthcare program. Ryan said the House vote on Friday was a "procedural vote" to start the Obamacare repeal process.

"We're going to do this the way Congress is supposed to work, but we do need to move quickly," Ryan said.

Republicans have been criticized for working to repeal Obamacare without a replacement in place, which outgoing Health and Human Services Secretary Sylvia Mathews Burwell said would have dire consequences for consumers and the U.S. insurance market.

The filibuster-proof bill passed in the Senate and facing the House falls under budget rules that limit what can be included in the measure, meaning Senate Republicans will need to work with Democrats to pass a new bill or several bills reaching 60 votes to fully replace Obamacare.

Ryan said Republican lawmakers and President-elect Donald Trump are "in complete sync" over the Obamacare repeal process. Ryan said the GOP will act "definitely within these first 100 days" of Trump's administration.

"The law is collapsing, and so we've got to rescue people," Ryan said, adding that Republicans are working "as quickly as they can."

The "Unaffordable" Care Act will soon be history!— Donald J. Trump (@realDonaldTrump) January 13, 2017

A town hall attendee undergoing cancer treatment who said they need Obamacare to purchase their own insurance asked Ryan "why would you repeal the Affordable Care Act without a replacement?"

"Oh. We wouldn't do that. We want to replace it with something better," Ryan replied.

"We want to do this at the same time, and in some cases in the same bill," Ryan said. "So we want to advance repealing this law with its replacement at the same time."

The bipartisan Committee for a Responsible Federal Budget said a full Obamacare repeal could cost $350 billion over the next 10 years.

Older

Keystone Insurers Group adds Griffin and Company Insurance as 19th Georgia Partner

Newer

Sen. Ron Johnson To Fellow Republicans: ACA Is ‘Not Going To Be Fixed Overnight’

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

  • 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.
  • Agentic AI is transforming insurance sales both for consumers and agents
  • Canvas steps into the direct-to-consumer market that has yet to take off
More Annuity News

Health/Employee Benefits News

  • Va. hospitals predict $31B reduction in state's Medicaid funding if proposed CMS rule passes
  • Va. hospitals predict $31B reduction in state's Medicaid funding if proposed CMS rule passes
  • New Findings from National Health Insurance Service Ilsan Hospital in the Area of Kidney Transplants Reported (Serum Proteomic Profiles of Microvascular Inflammation in Donor-specific Antibody-negative and C4d-negative in Kidney Transplantation): Transplant Medicine – Kidney Transplants
  • AM Best Upgrades Credit Ratings for Delta Dental of California and Its Affiliates
  • NEW DATA: RYAN MACKENZIE-BACKED HEALTHCARE CUTS CAUSE MORE THAN 13,000 PENNSYLVANIANS IN THE LEHIGH VALLEY TO DROP INSURANCE COVERAGE
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Bao Viet Insurance Corporation
  • AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
  • Agentic AI is transforming insurance sales both for consumers and agents
  • USAA introduces Secure Start whole life program for children
  • Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market
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