A new study examining a major comprehensive health care reformproposal looks at the cost to employers and any burdens that mightbe placed directly on Americans with employer-sponsored healthplans. The Lewin Group's analysis of America's Affordable HealthChoices Act of 2009, as amended by the Energy and CommerceCommittee, is the first critical analysis of health care reformcosts that would extend beyond 2019.

The study shows President Obama's promise that reformlegislation will pay for itself during the next 10 years isachievable. As for his pledge that it will not add to the federaldeficit, the figures are not in his favor.

During the first 10 years, from 2010 to 2019, under the bill'simplementation, the cost (net federal cost) is estimated at $39billion and would be "nearly fully funded." But beyond that, in itssecond decade, the proposal would add an estimated $1 trillion tothe federal deficit. This is due to rapid growth in health carecosts that will outpace the growth in incomes and revenues over thelonger term, according to the study.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.