Thursday, March 07, 2013
Impact of federal health care reform on the cost of coverage
With more and more details being firmed up on federal health reform I wanted to share the conclusion from a March 2013 report prepared by three Congressional committees. It is based on a review of over 30 studies. (I added bold to some text.)
Taking into account empirical evidence from past state-level experiences, as well as future projections, upon implementation Obamacare will make coverage dramatically more expensive and unaffordable for individuals and families. In short, Obamacare breaks its core promise to make health care coverage affordable as Americans across the country swallow higher premiums. From young adults to middle class families, higher premiums will soon be the harsh reality of Obamacare.
The Committees that published this March 2013 report are:
+ House Committee on Energy and Commerce, Majority Staff,
+ Senate Committee on Finance, Minority Staff, and
+ Senate Committee on Health, Education, Labor & Pensions, Minority Staff