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Thursday, December 5, 2013
Independent Estimate of Patient-Centered Health Care Reform Shows Lower Costs for American People
WASHINGTON, D.C. – Congressman Tom Price, M.D. (GA-06) announced today that an independent review of H.R. 2300, the Empowering Patients First Act, estimates the legislation would save $2.34 trillion while reducing health care premium increases. The estimate was produced by former Congressional Budget Office Director Douglas Holtz-Eakin.
“The status quo in America's health care system is unacceptable. Today, because of Obamacare, it is only getting worse,” said Congressman Price. “The American people are looking for positive solutions to the challenges in our health care system, and they do not want to put Washington in charge of their personal health care decisions. This analysis confirms that the Empowering Patients First Act would have a tremendously positive impact on our nation’s health care system. It is a testament to the reform proposal’s validity and seriousness, and it confirms that patient-centered solutions can yield savings, reduce costs, and increase access.”
“Under Obamacare, the American people are losing the health care coverage they have while experiencing higher premiums and less access to physicians and hospitals. This is occurring because the president’s health care law violates every principle of health care we hold dear: affordability, accessibility, choices, innovation, quality and responsiveness. The impetus for an alternative approach to health care reform is obvious, and we ought to be pursuing solutions that empower patients, families and their physicians, not Washington.”
Compared to current law, H.R. 2300 would achieve an estimated $2.34 trillion in savings over 10 years by:
Click here for the review.