Thursday, March 14, 2013
Without Medicaid Expansion, Employers Face Higher Tax Penalties Under ACA
Study By Brian Haile
Senior Vice President for Health Policy
Jackson Hewitt Tax Service Inc.
March 13, 2013
Key Findings
States that do not expand Medicaid leave employers exposed to higher “shared responsibility” payments under the Affordable Care Act (ACA).
The associated costs to employers could total $876 million to $1.3 billion each year in the 22 states that have opposed, are leaning against, or remain undecided about expanding Medicaid. By way of example, the decision in Texas to forego the Medicaid expansion may increase federal tax penalties on Texas employers by $299 to $448 million each year.
Any projections of the “net” costs of Medicaid expansions should reflect the very real costs of the shared responsibility penalties to employers in any particular state.
Click here to read the study
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Hello Friends,
ReplyDeleteGovernor Rick Perry millions of under-privileged poor Texans who do not have any Health Coverage will be covered under The Affordable Care ACT (ACA) expansion of MEDICAID!
My Physician wife's practice is partly dependent on MEDICAID and its viability. Please allow the expansion of MEDICAID to occur in Texas under The Affordable Care ACT.
FACT: If states choose to expand Medicaid, the federal government will cover 100 percent of the costs from 2014 to 2016. The feds' contribution will begin to decrease in 2017, but will never be less than 90 percent, under the ACA.
That's why I created a petition to Governor Rick Perry, Texas Governor, The Texas State House, The Texas State Senate, and Governor Rick Perry, which says:
"Please ACCEPT the FREE EXPANSION of MEDICAID under The Affordable Care ACT."
Will you sign this petition? Click here:
http://signon.org/sign/accept-free-expansion?source=c.em.cp&r_by=7268737
Thanks!
Ajay Jain
ajain31@gmail.com
Twitter Handle ajain31
Mobile: 214-207-9781
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