Wednesday, January 19, 2011

Repeal Vote Coming Today

Oh, my goodness! What's about to happen?

Well, let me tell you. Yes, I can actually tell the future here. The House today will vote to repeal health care reform passed just last year... But The Senate won't dare touch this bill, and President Obama won't even have to veto it because it won't get anywhere in The Senate. (Thanks, Harry!)

So what is this all about? Politics, my dear, election year politics. But wait, didn't we just have an election? Yes, but 2012 is right around the corner, and Republicans are looking to continue demonizing reform to make it into a horrid liability next year as Democrats look to fix past messaging mistakes in explaining why reform works and turning it into a major asset next year.

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So what's really at stake? All of this.

A Stronger Health Care System for Nevada:

518,000 residents who are uninsured and 132,000 residents who have individual market insurance will gain access to affordable coverage.
311,000 residents will qualify for premium tax credits to help them purchase health coverage.
328,000 seniors will receive free preventive services and 58,200 seniors will have their drug costs in the Medicare Part D “donut hole” covered over time.
30,300 small businesses will be eligible for tax credits for premiums.
9,400 young adults will be eligible for quality affordable coverage through their parents

Premium Tax Credits to Expand Private Insurance Coverage in Nevada:

Reform will provide $5 billion in premium tax credits and cost-sharing tax credits for residents in Nevada from 2014 to 2019 to purchase private health insurance.

Reduced Premiums:

Health insurance reform will lower premiums in the nongroup market by 14 to 20% for the same benefits – premium savings of $1,380 to $1,970 for a family in Nevada.

Increased Medicaid Support:

The Federal government will fully fund the coverage expansion for the first three years of the policy, and continue substantial support, paying for 90% of costs after 2020, compared to Nevada’s current FMAP of 50.2%.
In total, Nevada could receive $3.6 billion more dollars in federal funds for Medicaid as a result of the expansion from 2014 to 2019.

Improved Value for Medicare Advantage:

The 228,000 seniors in Nevada who are not enrolled in a Medicare Advantage plan will no longer cross subsidize these private plans, saving $45 in premium costs per year.
The proposal will gradually move toward a fair payment system that rewards performance.

Again, we're talking about real help for real Nevadans. This is what's at stake. Remember this as talk of repealing health care reform in the "mainstream media" swirls down the drain of 2012 politics and ignores the actual policy.

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