July 1

The non-partisan Kaiser Family Foundation has prepared a superb summary of the Affordable Care Act.  No hype.  No political spin.  No mis-information.

Read about:   The individual mandate.  Employer requirements.  Prevention and wellness programs.  How public programs are expanded.  Premiums.  Cost-sharing subsidies.  Related tax changes.  Health insurance exchanges.  Impacts on private insurance.  State role.  Cost containment.  Improving quality and health care system performance.  Nutritional information required to be disclosed by restaurant chains.  Long-term care.  Coverage and financing.

Here’s the link to the KFF summary of health care reform as provided by the Affordable Care Act:  http://www.kff.org/healthreform/upload/8061.pdf

F.Y.I., regarding “coverage and financing,” the KFF summary reports:

The Congressional Budget Office (CBO) estimates the new health reform law will provide coverage to an additional 32 million when fully implemented in 2019 through a combination of the newly created Exchanges and the Medicaid expansion.

CBO estimates the cost of the coverage components of the new law to be $938 billion over ten years. These costs are financed through a combination of savings from Medicare and Medicaid and new taxes and fees, including an excise tax on high-cost insurance, which CBO estimates will raise $32 billion over ten years.  CBO also estimates that the health reform law will reduce the deficit by $124 billion over ten years.

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