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Peter G. Peterson Foundation Releases The Lewin Group Study Showing Current House Health Care Reform Proposal Would Lead to Expanded Coverage and Higher Costs
Date:9/9/2009

by 10 million.
  • Families in which all members currently have insurance would save an average of about $176 under the Act, while families with one or more uninsured members would, on average, see an increase in family health spending of $1,410 per family.
  • Overall, employer health spending would increase by an average of $305 per worker. Employers that currently offer insurance would see an increase in health spending of $123 per worker, while employers that do not now offer coverage would see an increase in health spending by an average of about $813 per worker. (However, most economists believe that employers would eventually offset the increases in costs through slower wage growth. As a result, families and individuals would ultimately bear the burden of higher health care costs, which is reflected in the bullet immediately above.) Small businesses currently providing insurance would save up to an average of $811 per worker due to a tax credit.
  • The number of people covered in employer-sponsored plans (outside of the health insurance exchanges) would fall by 11 million, and overall enrollment in private plans would decline by about 900,000.
  • The Act would result in a net savings to state and local governments of about $62.6 billion over the 2010 through 2019 period, primarily due to savings in safety-net programs that currently serve the uninsured. States would save about $125.7 billion over the 2020 through 2029 period.
  • Susan Tanaka, the Foundation's Director of Citizen Education and Engagement served as the Foundation's liaison for The Lewin Group study. Susan has extensive budget and policy-related experience, including with the Office of Management and Budget and the Congressional Budget Office.

    Since its launch in July 2008, the Peter G. Peterson Foundation has invested nearly $11 million in grants to raise awareness
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    SOURCE Peter G. Peterson Foundation
    Copyright©2009 PR Newswire.
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