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Tuesday, May 24, 2011

The Affordable Care Act is Working

This is what Republicans want to repeal:

More Solid Proof That Obamacare Is Working, by Rick Ungar: Recent data provided by the nation’s largest health insurance companies reveals that a provision of the Affordable Care Act – or Obamacare – is bringing big numbers of the uninsured into the health care insurance system. And they are precisely the uninsured that we want– the young people who tend not to get sick.
The provision of the law that permits young adults under 26, long the largest uninsured demographic in the country, to remain on their parents’ health insurance program resulted in at least 600,000 newly insured Americans during the first quarter of 2011. ...
The Health & Human Services Department had estimated that the changes in the law would result in about 1.2 million new enrollees in 2011. However,... it now looks as if that number will be exceeded. ...
Meanwhile, things continue to improve on the small business front where ... there has been a significant uptick in small businesses taking advantage of the tax benefits offered by the ACA to provide health insurance to employees... According to a Kaiser survey, there has been a 46% uptick in businesses with less than 10 employees offering health benefits as compared to last year. ... Further improving the outlook, the IRS has, in the past month, issued guidelines for small businesses which very much bolster the tax credits offered. ...
Health care reform is working, folks – and we have yet to get to the really big benefits which kick in come 2014. ... The time has arrived for even the most critical to take another look at health care reform. ...

    Posted by on Tuesday, May 24, 2011 at 01:17 AM in Economics, Health Care | Permalink  Comments (85)

          


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