Rollback of ObamaCare regulation could save hundreds of Central Valley jobs
Rep. Nunes advances bipartisan solution to expat issue
The omnibus spending bill passed by the House of Representatives includes language to roll back a regulation in the ObamaCare law that put hundreds of Valley jobs at risk. The language, drafted by Republican Congressman Devin Nunes (CA-22) and Democratic Congressman John Carney (DE), with Congressman David Valadao (CA-21) and Majority Leader Kevin McCarthy (CA-23) acting as original cosponsors, exempts insurers from certain ObamaCare mandates on policies sold to expatriate Americans and to foreigners living outside their home countries. Those mandates made U.S. insurers’ policies uncompetitive in foreign countries, provoking some insurers to consider downsizing U.S.-based operations and laying off workers, including up to 700 employees in Visalia alone.
“This is one of many problems caused by government planners’ attempt to re-engineer the healthcare system through ObamaCare,” said Rep. Nunes. “Thanks to bipartisan cooperation among concerned legislators – including Representative Carney and Senators Carper and Coons, and especially valuable assistance provided by Speaker of the House John Boehner – hundreds of workers no longer face the possible loss of their livelihoods due to careless legislation.”
The Senate is expected to approve the rollback today or tomorrow.
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