The House Committee on Energy and Commerce has published its analysis of the controversial America’s Affordable Health Choices Act and its impact on each Congressional district.
The report shows that in our district that up to 15,400 small businesses could receive tax credits to provide coverage to their employees and 7,200 seniors would avoid the gap in Medicare Part D benefits. Healthcare providers would receive payment for $101 million in uncompensated care each year. Affordable health insurance would be available to 104,000 uninsured individuals.
According to the report, there are 125,000 uninsured persons in the district that is represented by Congressman Jeff Miller. The Congressional Budget Office estimates that nationwide, 97 percent of all Americans will have insurance coverage when the bill takes effect.
How will we pay for the increased coverage? The report says that half of the funding will come from making Medicare and Medicaid programs more efficient and half through a surtax on the income of the wealthiest individuals. This surtax would affect only 2,420 households in the district. It would not impact 99.2 percent of the taxpayers in the district, according to the report.