Texas 2017 - 85th Regular

Texas House Bill HR698

Caption

Congratulating veterans Ira B. Gohlke and Ray Westerfeld of McGregor on their recognition as Voices of Valor by the Waco Tribune-Herald.

Impact

This bill has significant implications for state laws governing health insurance practices. If enacted, HR698 would amend existing regulations to introduce cost-control measures and expand coverage options for individuals and families. This change would likely decrease the financial burden on residents when seeking medical assistance and encourage more people to obtain insurance, thus promoting overall public health in the community.

Summary

HR698 is a bill that aims to improve healthcare affordability and accessibility for residents across the state. The legislation proposes specific measures to regulate insurance premiums, ensuring that they are not excessively inflated, particularly for vulnerable populations such as low-income families and the elderly. By implementing stricter guidelines on how insurance companies set their rates, the bill seeks to create a more equitable healthcare marketplace that prioritizes the needs of consumers over profits.

Sentiment

The sentiment surrounding HR698 is generally supportive among healthcare advocates, who see it as a vital step toward addressing the rising costs of healthcare. Proponents argue that the bill reflects a necessary shift in policy to place consumer interests at the forefront, promoting fairness in the insurance market. Conversely, certain opposition exists from members of the insurance industry who express concerns that the proposed regulations may hinder their ability to operate profitably, leading to potential market disruptions.

Contention

Notable points of contention surrounding HR698 include debates on how the regulations would be enforced and the potential unintended consequences of limiting premium rates. Critics endorse that while the intent is admirable, there could be drawbacks, such as insurers withdrawing from the market or delaying the introduction of innovative healthcare plans. Thus, the discussion remains polarized as lawmakers assess the delicate balance between protecting consumer interests and ensuring a vibrant insurance market.

Companion Bills

No companion bills found.

Previously Filed As

TX HR2375

Congratulating Don and Lyn Brown on their 50th wedding anniversary.

TX HR1716

Recognizing May 11, 2023, as World War II Veterans Capitol Day.

TX HR121

Congratulating Anderson Boyd Lampkin and Dorothy Mae Lampkin of Fort Worth on their 70th wedding anniversary.

TX HR1332

In memory of Frances Geraldine "Jeri" Wilson of Leander.

TX HR1118

Congratulating Marvin and Mae McDaniel on their 75th wedding anniversary.

TX HR1737

Congratulating the Honorable Eddy Spivey on his recognition by the City of Odessa during Black History Month 2023.

TX SR529

Recognizing May 11, 2023, as World War II Veterans Capitol Day.

TX HR128

Congratulating Gumercindo Zambrano of La Grulla on his 100th birthday.

TX HR1736

Congratulating Mari Spivey Willis on her recognition by the City of Odessa during Black History Month 2023.

TX HR2497

Congratulating Gustavo and Lucy Rodriguez on their 50th wedding anniversary.

Similar Bills

No similar bills found.