Report Provides State-By-State Look at the Impact to Residents, Businesses and State Government if Health Reform Fails

Out-of-Pocket Health Care Costs Could Increase More Than 35 Percent in Every State by 2019
Researchers from the Urban Institute used the Health Insurance Policy Simulation Model to estimate how coverage and cost trends would change between now and 2019 if the health system is not reformed. The health reform failure report shows that under the worst-case scenario, within 10 years:

The number of people without insurance would increase by more than 30 percent in 29 states.
In every state, the number of uninsured would increase by at least 10 percent.
Businesses would see their premiums increase—more than doubling in 27 states.
Even in the best case scenario, employers in 46 states would see premiums increase by more than 60 percent.
Every state would see a smaller share of its population getting health care through their job.
Half of the states would see the number of people with ESI fall by more than 10 percent.
Every state would see spending for Medicaid/Children’s Health Insurance Program (CHIP) rise by more than 75 percent.
The amount of uncompensated care in the health system would more than double in 45 states

Yes this is all very terrible!  However what would be considerably worse and what is also much more likely to occur is in fact the dollar being debased or devalued.  As we keep saying and screaming, STOP SPENDING!

What difference will having great health insurance make if you have no food?  The level of poverty in the United States is getting ready to explode, regardless of health care reform.

The basic economic facts are simple.  We cannot spend another dollar that we don’t have, as the only reason that the United States economy is afloat now is because other countries allow us to be.  China and other Asian countries that are developing are sending their economic resources here to make sure we have enough money to buy their gadgets.  When they realize the foolishness of such an errand which it seems they have, they are going to pull the plug on their treasury purchases.  This will hasten our free fall.

The truth is that the US needs to do more than reform health care, we need economic reform, but it is apparent that neither will happen and the status quo is seemingly prevailing.  Be prepared is the last words of encouragement I can offer.