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Health Care Savings

October 26th, 2011 by flanews

The Affordable Care Act being challenged in federal court by the state could save Florida families an average of 15-hundred dollars a year.

That is, if it’s not defeated in court and if a report conducted by an MIT economist proves true. The report was released yesterday by Families USA, a supporter of the new health care law. It says by 2019, the average cost of health care will go down because more people will have insurance. Karen Woodall, with the Florida Center for Fiscal and Economic Policy says the biggest savers will be lower-middle class families.

“Households with incomes below 100-thousand dollars are going to be the biggest beneficiaries and that’s not just people who are uninsured, that’s people are paying premiums,” said Woodall.

Opponents of the law say it’s unconstitutional because it forces people to buy health insurance. They also argue the new regulations will cost small businesses more money.

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