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the Costs of Repealing the Affordable Health Care Act - Conservatives running amok again.

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JohnWxy Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 08:02 PM
Original message
the Costs of Repealing the Affordable Health Care Act - Conservatives running amok again.
http://www.americanprogress.org/issues/2011/01/repeal_consequences.html

Conservatives are starting to implement their onslaught to repeal the Affordable Care Act this week as Republicans take control of the House of Representatives. They have scheduled a vote on January 12. If conservatives have their way and repeal the Affordable Care Act, we will go back to a health care system that failed millions of Americans: one with skyrocketing costs bankrupting families and our budget, fewer people with access to quality care, and more people at the mercy of the health insurance industry.

Increasing premiums for millions of Americans. Prior to passage of the Affordable Care Act, individuals and families were faced with skyrocketing premiums. Premiums for individuals increased 120 percent and family premiums increased 130 percent from 1999 to 2009. The Affordable Care Act controls these costs. In fact, the nonpartisan Congressional Budget Office or CBO looked at the law’s effect on premiums in 2016 and estimated that the health reform law would cut premiums for millions of Americans. These premiums cuts would be more substantial for those in the individual market, most of whom will receive subsidies to help cover the cost. According to the CBO, those receiving help in the individual market would see their premiums reduced by 56 percent to 59 percent less than they would pay without the law, while also enjoy better coverage than what they currently receive. Repealing the law means going back to a status quo of skyrocketing premiums that made health insurance out of reach and unaffordable for American families.

Killing 400,000 jobs annually. The Affordable Care Act helps create as many as 400,000 jobs annually over the next decade by lowering costs and helping promote a healthier workforce. It includes cost-containment measures to slow the rate of growth of health care spending. Small businesses in particular are helped through exchanges that allow them to pool resources to lower costs as well as tax credits to make it more affordable to offer their employees health coverage. These cost-reduction provisions free up money that otherwise would be spent on health care and allow companies to spend it hiring more workers. In addition, a healthier workforce is a more productive workforce. Those benefits disappear, as well as the jobs created along with it, if the law is repealed.

Increasing costs for seniors by as much as $1,500 in 2011. The Affordable Care Act eliminates the “donut hole” in the Medicare prescription drug program by 2020. Seniors with high prescription drug expenses before health reform had to pay full price for their prescription drugs—without any help from their drug plan—once their prescription drug spending reached a pre-defined limit. People who hit this limit in 2011 will get a 50 percent discount on their name-brand prescription drugs, saving some Medicare enrollees as much as $1,500 in out-of-pocket drug costs. Those savings will not be realized if the Affordable Care Act is repealed.
(more)
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Drale Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 08:04 PM
Response to Original message
1. Could this attack on health care reform
force a government run system into existence in the future?
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pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 08:36 PM
Response to Reply #1
2. No, highly unlikely. Every time in history that we've failed
on a health care reform bill, the next version that comes around is much worse than the old one. The current bill was basically proposed by Republicans years ago in response to a more liberal Democratic bill -- but now they're against it.
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rfranklin Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 08:39 PM
Response to Reply #1
3. that's the theory...
let's hope so.
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LandR Donating Member (102 posts) Send PM | Profile | Ignore Wed Jan-05-11 09:02 PM
Response to Original message
4. Useless Republican Stunt
There is no likelihood any provision of the Affordable Care Act will be repealed. Republicans simply don't have the numbers. The Senate will block any repeal. Even if 13 Democratic Senators somehow do vote for a repeal, it would not get the President's signature and there is no chance for a supermajority in either house of Congress.

It's a good thing the morons are going to read the Constitution because they may finally realize their goals are impractical. Though, the more they try to pass these types of bills will only help us in 2012.
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applegrove Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-06-11 12:19 AM
Response to Original message
5. I think Obama sees all this health care talk as a chance to rebrand HCR
to the wonderful program it is. And it will be successful. Which is why the GOP and their backers hate it so much.
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Name removed Donating Member (0 posts) Send PM | Profile | Ignore Wed Jan-19-11 02:18 PM
Response to Original message
6. Deleted message
Message removed by moderator. 
[link:www.democraticunderground.com/forums/rules.html|Click
here] to review the message board rules.
 
XanaDUer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-19-11 04:43 PM
Response to Original message
7. They wish, the turds
ain't gonna happen.
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