Continuing the Repeal of Obamacare
by Blake Farenthold on February 20, 2017 at 8:51 AM
Americans are tired of an overpriced healthcare system that is costing taxpayers, employers and policyholders way too much. With skyrocketing premiums and deductibles, Obamacare is neither affordable nor does it provide quality care. It’s collapsing across the country, raising costs for patients and forcing insurers out of the marketplace, which leaves patients and families with nowhere to go. Just last week, Humana, one of the nation’s largest insurers, citing huge losses, announced it will pull out of Obamacare exchanges.
For these reasons and more, we must repeal Obamacare before it causes any more damage to hardworking Americans. Last month, Congress began the repeal by enabling the reconciliation process – a fast-track legislative procedure that is filibuster-proof in the Senate. This process, now underway, instructs several committees to create budgets that reduce the deficit and repeal pieces of Obamacare under their jurisdiction. Both the Energy & Commerce and Ways & Means Committees in the House have begun holding hearings examining reforms that will help decrease costs and increase competition and innovation in the insurance markets.
In the next few weeks, House Republicans will work on legislation that provides relief from Obamacare’s taxes and mandates—including eliminating the individual and employer mandate penalties. These penalties do nothing but further hurt people who are struggling to make ends meet by forcing them to buy inadequate plans that don’t meet their needs.
Using these mechanisms, the House will continue to push for the swift repeal of Obamacare and better health care coverage for Americans. Under the Republican plan, there will still be protections in place for those with pre-existing conditions and young people under 26 can stay on their parents’ plans. Coupled with a more competitive insurance market and increased flexibility and portability, Republicans will provide a 21st century health care system that works for all Americans.