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Ohio Healthcare Organization Responds to Healthcare Reform
Date:9/17/2009

proposed the following:

  • A new insurance exchange would allow people without health insurance and small businesses to compare plans and buy coverage at competitive prices.
  • Tax credits would be available to certain individuals and families that need assistance buying health insurance and to small businesses to cover their employees.

The President discussed his support for a public health insurance option that could exist to create additional competition and accountability in insurance markets, although he suggested that he remains open to alternative proposals to accomplish these goals. We are closely monitoring the contentious debate surrounding the public option, consistently evaluating the potential impact of its outcome on Summa and staying in close contact with our Congressional representatives as the policy options rapidly evolve.

In addition, the President's plan would create a low-cost "high-risk" pool to cover individuals with preexisting conditions during the transition period until a national insurance exchange could be created.

Financing the President's Plan

In his speech, the President emphasized that his approach to health insurance reform would not add to the deficit. He proposes to pay for his plan by achieving savings in the current health system, including reductions in the rate of growth of Medicare payments, and by producing new revenues, including fees on insurance companies that sell the most expensive plans.

We remain concerned about how the proposed reductions in future Medicare payments may impact Summa and are actively engaged in the debate about the size and scope of these changes. Nonetheless, we welcome the President's enthusiastic support for efforts to test new payment models aimed at reforming the health care delivery system in ways that better emphasize qual
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SOURCE Summa Health System
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