Which Taxpayers Get Best ROI On Health Care Tax Dollar?
Taxpaying residents in states expanding
Conversely, taxpayers in states that chose not to expand
"Taxpayers across the country are on the hook for
"As things currently stand, the expected benefits vary significantly based on geography," Papadimitriou said, "and depending on one's current healthcare coverage, this could even be a reason to move."
The law has also morphed significantly since its passage. While ruling that the Affordable Care Act was, indeed, constitutional,
Because so many provisions of the Affordable Care Act have been tweaked and so many deadlines have been delayed, confusion surrounds what actually took effect Wednesday, Day 1 of 2014. Among the provisions that went into effect were the expansion of the small business tax credit and implementation of the health insurance tax insurance carriers
The WalletHub.com report's assessment looked at how the Affordable Care Act would affect each state strictly based on economics, taking in both state government and individual perspectives. Specifically the report analyzed public data using 11 metrics designed to gauge the impact of key provisions of the law on major consumer segments as well as each state's budget to determine the overall rankings for the states that would benefit most and least.
Other conclusions?
States such as
Changes in health insurance premiums vary widely from state to state. WalletHub.com said its study found the average health insurance premiums were expected to stay the same or drop in nine states because of the Affordable Care Act, with
Consumers across the country will be able to save thousands of dollars on out-of-pocket expenses because of Obamacare. The savings will be highest in
While consumers save on out-of-pocket expenses, states are expected to save as much as
Populations expected to benefit most from the prohibition of coverage denial because of a pre-existing condition mainly are
Finally, WalletHub.com said, a state's access-to-care ranking reflects healthcare access and affordability, as well as the number of licensed physicians per capita. Based on this data, the
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Source: | United Press International |
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