January 18, 2011

Who's Killing What?


Thank you Rep. Frank Pallone and Rep. Henry Waxman for giving us a nuts and bolts analysis of the real costs of repealing the health care reform law. If you want to know exactly who would be penalized by a repeal take a look here:
http://democrats.energycommerce.house.gov/index.php?q=news/impact-of-repealing-health-care-reform

In NJ, where we're located, that translates to as many as 300,000 individuals who could be denied coverage and tens of thousands of small businesses that won't get an health insurance tax credits.

True to their word, congressional republicans have initiated their "Repealing the Job-Killing Health Care Law Act.” What's totally unclear is who would benefit by this 'killing'? The Government Accounting Office estimates that repealing the law would cost $230 billion over a decade.

While the Affordable Care Act is short of perfect, and insurance premiums continue to rise in the double-digits, at least we're moving in the right direction in getting every American covered and facilitating small businesses in solution.