Today, we sat down with Sarah Lueck, health policy analyst at the Center, to discuss a provision in the new health reform law that will start helping young adults this fall.
BEYOND THE NUMBERS
Critics claim that the new health reform law’s expansion of Medicaid eligibility will place heavy new financial burdens on states and prompt large numbers of insured people to drop their private coverage for Medicaid. The first claim is incorrect, as I explained recently, and here’s why the second one is too:
One of the first pieces of the new health reform law to take effect will start helping young adults this fall, and it could significantly improve coverage among a group that makes up a disproportionate share of the nation’s uninsured.
As Marketwatch and the Wall Street Journal’s Health Blog both report, some families with unemployed workers will face significantly higher health care costs if Congress fails to renew a Recovery Act provision that has made COBRA coverage more affordable.
Today, we sat down with Paul Van de Water, a Senior Fellow at the Center, to discuss the health reform law’s major sources of revenue.
At the last minute, the House yesterday dropped an extension of Recovery Act assistance for cash-strapped states from jobs legislation, which it then passed, in order to help satisfy congressional critics who complained about the legislation’s impact on the deficit. These critics are effectively saying that the cost of increasing today’s budget deficits outweighs the benefit of helping states avert massive cuts in services and tax increases.
Today, we sat down with Paul Van de Water, Senior Fellow, to discuss some of the major provisions in the health reform law that will help reduce the deficit.
The main reason most uninsured people don’t have coverage is that they can’t afford it, so several core elements of the new health reform law are designed to make coverage more affordable. One of them is a system of tax credits to help people of modest means pay premiums and out-of-pocket costs (like co-payments for doctor visits). Here, very briefly, is how it would work.
Misplaced budgetary concerns are impeding major legislation that would create and preserve jobs, continue unemployment and health benefits for those who are out of work, and fix Medicare’s flawed payment formula for physicians for several years.
Last night, the Center’s executive director, Robert Greenstein, received the 2010 Daniel Patrick Moynihan Prize, from the American Academy of Political and Social Science “to honor those whose careers in the academic or public arena have been dedicated to the use of social science research to improve public policy.” Daniel Patrick Moynihan was U.S. Senator from New York, U.S. Ambassador to the United Nations, official in four presidential administrations, Harvard professor, prolific author, and leading public intellectual on a wide range of domestic and international issues.