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Romney Plan Could Leave 72 Million Uninsured by 2022, New Study Says

Obama's Affordable Care Act is likely to outperform Romney's healthcare proposal.

By Brett Spiegel

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TUESDAY, Oct. 2, 2012 — As President Barack Obama and Governor Mitt Romney prepare for Wednesday's first presidential debate, a new study predicts that 45 milllion more Americans will be uninsured in 2022 if Romney's healthcare proposals are implemented than if Obama's are adopted or remain in place.

"There are stark differences between what each candidate has proposed for our health care system, and this report shines a light on how Americans might be affected, based on their age, their income, and where they live," says Sara Collins, vice president for affordable health insurance at the Commonwealth Fund, which released the study.

Romney campaign spokeswoman Andrea Sauls told MedPage Today that the Commonwealth Fund study "badly mistakes Gov. Romney's proposals. Worse, it assumes a fantasy world where Obamacare has been a success."

Conservative publications criticized the study's methodology, and noted that it made various assumptions about how Romney's healthcare positions would translate into actual laws and regulations. "...The 'study' is, in a word, nonsense," says National Review Online's Grace-Marie Turner.

There were an estimated 48 million uninsured Americans in 2011, according to the latest U.S. Census Bureau data. That number will fall to 27 million over the next 10 years if Obama's policies are adopted, or increase to 72 million under Romney's proposals, according to the Commonwealth Fund study.

The report says that “17.9 million children under age 19 are estimated to be uninsured by 2022 under Romney's plan, compared with an estimated 6 million under President Barack Obama's plan. In addition, under Romney's plan, 17.7 million middle-income Americans — those with incomes between about ,000 and ,000 a year for a family of four — are estimated to be uninsured by 2022, or more than one-third of this income group."

The Commonwealth Fund Study continues, "By comparison, 3.3 million middle-income families are estimated to be uninsured under the Affordable Care Act. Among families with incomes under ,000 a year for a family of four, 38.7 million people are estimated to be uninsured under Romney's plan and 17.2 million under the Affordable Care Act."

The Affordable Care Act, Obama's major health initiative, was passed in 2010 and largely upheld by the U.S. Supreme Court earlier this year. One of its aims was to reduce the number of people who lack healthcare. The Romney campaign has pledged to repeal "Obamacare," though Romney has said some features might be preserved.

Under Obama’s health care plan, insurance companies wouldn’t be able to deny coverage due to pre-existing health conditions. Companies would also be barred from raising insurance premiums because of gender or medical history. Rebates would also be offered to those with Medicare to help them avoid the “donut hole” on prescription drug coverage.

The much-debated individual mandate, a key part of the Obama plan that requires nearly all individuals to obtain health insurance or face a penalty, was upheld by the Supreme Court in June and would take effect in 2014. Employers with 50 or more employees that don’t provide health insurance would have to pay a ,000 per-full-time employee penalty. Small businesses would receive tax credits.

Romney has criticized the cost of Obama’s health care plan and its requirements that employers and individuals pay for services they don't want or need, or can't afford. The individual mandate could cost six million taxpayers billion in 2019, according to new estimates by the Congressional Budget Office.

Described as a “disaster for the federal budget” on Romney’s Web site, Obama’s healthcare plan would cost an estimated .6 trillion dollars over the next 10 years, according to the Republicans on the Senate Budget Committee.

Romney has proposed a cap on medical malpractice lawsuits to limit healthcare costs, and subsidies, exchanges, and partnerships to make it easier for uninsured individuals to get health coverage.

TELL US: What side are you on? Let us know in the comments.






Video: Healthcare Debate: Does Law Do Enough to Fix Health Crisis?

Romney Plan Could Leave 72 Million Uninsured by 2022, New Study Says
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Date: 19.12.2018, 03:13 / Views: 93145