New Study Released: Healthcare Reform Leads to Increased Coverage, Higher Cost
Subject: New Study Released: Healthcare Reform Leads to Increased Coverage, Higher Cost
PGPF Releases New Study
Current House Proposal for Health Care Reform
Would Lead to Expanded Coverage, Higher Costs
PGPF released a new study today about health care reform in America — and how today's proposals for change might affect America's federal fiscal burden 20 years down the road. To read the study, visit www.pgpf.org today.
The study, conducted by The Lewin Group, analyzes America's Affordable Health Choices Act of 2009 (H.R. 3200). Should this Act become law, it would nearly pay for itself over the next ten years. However, further budget projections — taking a look at the following ten years, from 2020-2029 — indicate that the Act could not remain self-funding beyond its initial ten-year run. In fact, during its second ten years, the proposal would add an estimated $1 trillion to the federal deficit.
"This nation needs to engage in comprehensive health care reform that will include some level of universal coverage. At the same time, this study shows that the top priority needs to be reducing total health care costs and the rate of increase in future costs," said David M. Walker, President and CEO of the Foundation.
By extending beyond the traditional 10-year budget projection period, this new study provides important insights into the key issue that must be addressed in health care reform — that is, how to keep health care costs from growing faster than the financing available to support them, while also assuring adequate access to quality health care.
To read the study in full — including charts and graphs projecting enrollment and expenditures over time — visit www.pgpf.org. The full study is available for download as a PDF.
Note: Be sure to see the complete report with ll of the charts and tables at end of report above:
PGPF Releases New Study
Current House Proposal for Health Care Reform
Would Lead to Expanded Coverage, Higher Costs
PGPF released a new study today about health care reform in America — and how today's proposals for change might affect America's federal fiscal burden 20 years down the road. To read the study, visit www.pgpf.org today.
The study, conducted by The Lewin Group, analyzes America's Affordable Health Choices Act of 2009 (H.R. 3200). Should this Act become law, it would nearly pay for itself over the next ten years. However, further budget projections — taking a look at the following ten years, from 2020-2029 — indicate that the Act could not remain self-funding beyond its initial ten-year run. In fact, during its second ten years, the proposal would add an estimated $1 trillion to the federal deficit.
"This nation needs to engage in comprehensive health care reform that will include some level of universal coverage. At the same time, this study shows that the top priority needs to be reducing total health care costs and the rate of increase in future costs," said David M. Walker, President and CEO of the Foundation.
By extending beyond the traditional 10-year budget projection period, this new study provides important insights into the key issue that must be addressed in health care reform — that is, how to keep health care costs from growing faster than the financing available to support them, while also assuring adequate access to quality health care.
To read the study in full — including charts and graphs projecting enrollment and expenditures over time — visit www.pgpf.org. The full study is available for download as a PDF.
Note: Be sure to see the complete report with ll of the charts and tables at end of report above:
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