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Health Insurance Reform Mythbuster: ‘Health Insurance Reform Will Hurt Small Businesses’

Posted on by Karina

Health insurance reform opponents continue to spread myths about America's Affordable Health Choices Act. Today, House Republican Leader John Boehner–a repeat offender on the myth front–threw out these three unrelated and inaccurate claims:

Democrats in Washington are pressing ahead with a costly government takeover of health care that will squeeze the nation's entrepreneurs further, keep people out of work longer, and pile up more debt on our children and grandchildren.

But the facts knock them all down again.

MYTH: “Health insurance reform will lead to a government-takeover of the health care system.”

FACT: America's Affordable Health Choices Act builds on the current private, employer-provided health care system we have now — and will expand enrollment in private insurance by an estimated 16 million Americans. Rather than creating a “government takeover of health care,” the bill is designed to help make the health insurance market work better — improving competition and choice for consumers through the creation of a Health Insurance Exchange. Even former Senate Majority Leader and heart surgeon Bill Frist (R-TN) disputes Rep. Boehner's claim:

what the Obama Administration is doing is not socialized medicine. You hear a lot of people on the extreme say that socialized medicine is going to come in and control everything. Socialized medicine is where the government owns the hospitals. They own the doctors and they decide how much people are getting paid. And that's not what's in these bills.

MYTH: “Health insurance reform will squeeze the nation's entrepreneurs further, keep people out of work longer.”

FACT: A recent report by the Small Business Majority found that without health insurance reform, small businesses would pay nearly $2.4 trillion over the next 10 years in health care costs for their workers. With reform, the study shows that small businesses can save as much as $855 billion, a reduction of 36 percent, money that can be reinvested in their businesses to grow the economy. Among its many findings are the following:

COSTS
WITHOUT health reform, small businesses will pay nearly $2.4 trillion over the next 10 years in health care costs for their workers.

JOBS
WITHOUT reform, the study shows that 178,000 small business jobs will be lost in 2018 as a result of rising health care costs.

WAGES
WITHOUT reform, the study shows that $834 billion in small business wages will be lost due to high health care costs over the next ten years

PROFITS
WITHOUT reform, over the next 10 years, the study shows that small businesses will lose $52.1 billion in profits to high health care costs.

MYTH: “Health insurance reform will pile up more debt on our children and grandchildren.”

FACT: The non-partisan Congressional Budget Office scored the insurance reforms in the House bill as slightly reducing the deficit over the next 10 years–and the House leadership has repeatedly promised that the bill that comes to the House floor for a vote will cover most Americans and “won't add a dime to the deficit.”

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