Health Care Cuts Threaten Connecticut's Economy
The
millions of people who spoke out, rallied and took part in civil
disobedience stopped U.S. Senate Republicans from repealing the
Affordable Care Act (ACA). The fight for the ACA and for the right to
health care continues. Below is testimony of William P. Morico to
Senators Richard Blumenthal and Chris Murphy at New Haven City Hall
on June 23, 2017:
I
worked for 50 years in health-care related fields. Others will speak
about the devastating effects on health care services of attempts to
“repeal & replace” the ACA. As I don't believe the majority
of Republicans in Congress care about our health care, I will address
the financial impact of such cuts.
Federal
health care spending from Medicare and Medicaid (2014-15) in CT was
over $8 billion, including $4.7 billion from Medicare, and $3.6
billion from Medicaid. The various proposals from Congress cut
between 10% -30% from Medicaid, translating to over $1 billion in
cuts to the CT economy each year. The elimination of increased
Medicare taxes will weaken Medicare and lead to further calls for
benefit cuts. This has been their agenda since Medicare was enacted
in 1965.
Cuts
of this magnitude will directly impact not only the State budget, but
all health care provider organizations, especially primary care
providers like community health centers, and hospitals, required to
care for all regardless of ability to pay.
These
amounts do not include proposed federal budget cuts to public health
programs, basic medical research, medical education, medical
education loan forgiveness, etc.
CT
state legislators need to be keenly aware of the effects on the CT
economy of the proposed federal tax-cut legislation masquerading as
repeal of the ACA. We will
hold our Republican state legislators responsible if their federal
colleagues pass this anti-people legislation.
We
have outlived the health care financing system based on insurance,
whether employer-provided, private, or public. Anthem, Aetna and
Cigna will re-invent themselves, and take care of their shareholders.
We
need a Medicare for all Universal Health Care system such as proposed
in H.B 676, which would do away with all insurance, and create a
single system of health care, governed and administered locally, with
care provided by private and public entities, and financed nationally
by general taxation.
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