A new report dives into the wallet-busting consequences of Tom Kean Jr.’s Big, Ugly Bill and policies implemented by the administration – revealing how it will raise health care costs for millions and saddle Americans with more medical debt.
In addition to the fact that Kean Jr.’s bill will kick millions of Americans off their health care and raise health care costs, KFF Health News discovered that Kean Jr. and D.C. Republicans are enacting a number of cruel provisions that “risks pushing more Americans into debt, further straining family budgets already stressed by medical bills.”
The report highlighted the following cost-raising provisions:
- Raising the costs of doctor visits by requiring copays of up to $35 for Medicaid enrollees.
- Allowing the Affordable Care Act (ACA) tax credits to expire – leading to massive increases in monthly health care premiums.
- Pushing more Americans to switch to more expensive, higher-deductible plans, paying more out-of-pocket before their insurance kicks in.
- Eliminating consumer protections preventing medical debt from negatively impacting individual credit reports.
Thanks to Kean Jr. and his D.C. party bosses, anyone already struggling to pay their medical bills is “at risk of lower credit scores, hindering their ability to get a loan or forcing them to pay higher interest rates.”
DCCC Spokesperson Eli Cousin:
“Another day, another broken promise from Tom Kean Jr. As if ripping health insurance from New Jerseyans wasn’t enough, Kean Jr.’s bill also risks pushing more people into medical debt and putting even more financial burdens on families already struggling to get by.” |