VIDEO: California Assembly Committee on Health Care Affordability: How to Control Costs in California
Testimony from Assembly hearing on California’s current health care system.
Testimony from Assembly hearing on California’s current health care system.
The ACA covered millions of people and reduced the racial and ethnic disparities in health coverage in California; to take away these coverage options especially during a global pandemic and recession would exacerbate racial and ethnic inequality in California.
The ACA expanded coverage options available to low-income Californians and unemployed workers; to take away those options during a global pandemic and recession would compound the hardships faced by low-income households.
Overturning the ACA would reduce annual federal funding to California by $28.8 billion in 2022, the year of focus for this analysis. Many Californians’ jobs are also at stake should the ACA be overturned. California would be projected to have 269,000 fewer jobs, $29.3 billion less in state GDP, and $2.2 billion less in state and local tax revenue, compared to if the ACA remains in effect.
This fact sheet highlights the key health coverage gains made in California under the state’s robust implementation of the ACA since it was enacted over 10 years ago. These achievements show how much is at stake in California v. Texas, the case the Supreme Court is scheduled to hear on November 10, 2020, under which the ACA could be overturned.
Under the Affordable Care Act, eligibility for income-based Medicaid and subsidized health insurance through the Marketplaces is calculated using a household’s Modified Adjusted Gross Income (MAGI). The Affordable Care Act definition of MAGI under the Internal Revenue Code and federal Medicaid regulations is shown below.
This is the fifth post in the Labor Center’s blog series “Rising Health Care Costs in California: A Worker Issue.” As described in the last blog post, premiums for job-based…
This is the second post in the Labor Center’s blog series “Rising Health Care Costs in California: A Worker Issue.” While our blog series will primarily focus on Californians with…
This is the first post in the Labor Center’s blog series “Rising Health Care Costs in California: A Worker Issue.” California workers with job-based health coverage are feeling the pain…
We urge you to not change the cost of living adjustment method for the OPM to Chained CPI-U, any other the other measures mentioned in the request for comment, or any other index that shows lower growth than the current CPI-U. Additionally, we urge you to include other issues apart from cost of living adjustments when considering any changes to the OPM.
|