NJPP: Affordable Care Act Will Help Fix NJ’s Health Care Problem

The following is from Raymond Castro, senior policy analyst for New Jersey Policy Perspective (NJPP).

New Jersey will have the tools to tackle its health care problem as a result of the Supreme Court’s decision to uphold the Affordable Care Act, as an analysis by New Jersey Policy Perspective shows.

“All New Jerseyans scored a major victory today. For the first time, everyone now has a right to high quality, affordable comprehensive health coverage and will no longer have to worry about going bankrupt to pay for medical bills,” said Raymond Castro, senior policy analyst for New Jersey Policy Perspective. “Many New Jerseyans who don’t have health insurance will now be able to get it, while people who already have employer-based insurance will no longer have to worry about losing health coverage if they lose their job, as so many have. It also greatly benefits New Jersey’s small businesses, which increasingly have been dropping unaffordable insurance plans for their employees.” 

Nearly 1 million New Jerseyans in every county (see breakdown in report) will receive Medicaid and federal subsidies to make health insurance more affordable; those subsidies will reduce the number of uninsured by nearly 800,000 in New Jersey – a number that could be substantially higher if the state does a good job with outreach and consumer assistance.As of 2010, there were over 1.3 million New Jerseyans without health insurance; that number has been growing at a much greater rate here than it has nationally (55% v. 35% since 2000).

New Jersey’s economy will also benefit from the Court’s decision. New Jerseyans will receive about $41 billion in federally funded Medicaid and federal subsidies over eight years, creating a ripple effect of economic growth that will create new jobs and opportunities for many New Jerseyans.

 

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6 COMMENTS

  1. As the great P.J. O’Rourke said “If you think health care is expensive now, wait until you see what it costs when it’s free”.

    Perhaps it is my public school education, but I cannot figure out how adding 1 million people will make things cheaper.

  2. 1mm people are not going to be “added” to the medical care rolls. When people need care they get it even if they aren’t insured, and emergency room care is far more costly than going to a doctor.

    The 1mm will be forced to pay for insurance (medical care and insurance are not the same thing – just like auto insurance industry is not the same as the auto body industry) spreading the risk to a greater pool of people. Plus, insurance companies will no longer be able to deny coverage for pre-existing conditions and exchanges should make the rates more competitive.

  3. This will prove to be the undoing of the so-called Democratic majority as well as the current President.

  4. @Abishag…The so-called Democratic majority?…..Which is made up of Republicans,Democrats,Independents,Socialists,Libertarians, Anarchists and let’s not forget…the very invisible Oligarchy….What a great country! Bring the jobs back to the USA and we’re gonna party like the roaring 20’s!

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