HIGHER HEALTH CARE COSTS, LOST COVERAGE & MARKET CHAOS

REJECT EXCESSIVE GOVERNMENT MANDATES TARGETING HARDWORKING AMERICANS’ HEALTH CARE PROPOSED IN CONGRESS

Congress is considering excessive government mandates and bureaucratic red tape targeting the individual health insurance market in the reconciliation tax bill (H.R.1). At the same time, the current version of this bill fails to avert a looming health care tax hike if enhanced premium tax credits (PTCs), resources that help Americans afford their coverage, are allowed to expire. Taken together, these disastrous policies threaten to completely collapse the marketplace where hardworking Americans shop for health care for themselves and their families.

The result would be higher health care costs for more than 24 million Americans, more than eight million losing their health care coverage entirely and severe strain being placed on the health care system — costing taxpayers far more in the long run, and devastating access to care in rural communities.

If the current version of this bill passes without changes to protect hardworking Americans from these disastrous policies, it will:

  • HIKE HEALTH CARE COSTS, increasing monthly health care premiums and out-of-pocket costs for hardworking Americans.
  • STRIP HEALTH COVERAGE from 8.2 million Americans, who the Congressional Budget Office (CBO) has estimated would lose their health insurance coverage entirely.
  • ELIMINATE COMPETITION, leaving Americans with fewer choices for care that fits their needs.
  • THREATEN ACCESS TO CARE, as health care providers, like hospitals, would face a staggering $1 trillion in higher costs over the next decade as more Americans show up for care without health insurance — forcing closures and slashing services across the country, especially in rural communities.
  • COST THE U.S. ECONOMY hundreds of thousands of jobs and tens of billions of dollars as the negative repercussions build over time.
  • DESTABILIZE THE MARKETPLACE, injecting chaos into the entire health care system and ultimately costing American taxpayers far more in the long run.

Reject government mandates and red tape targeting the individual health care marketplace.