Health care advocates are praising the passage of the Affordable Care Act which celebrated its first anniversary this week. A conference call run by Citizen Action of Wisconsin focused on a 35-percent tax credit that small businesses can take advantage of this filing season as long as they provided medical coverage to employees.
State Rep. Jon Richards (D-Milwaukee) adds that self employed persons can see a 15.3-percent reduction in their insurance costs by taking advantage of a tax deduction that is comparable to what larger companies receive.
Not everyone is celebrating the federal law’s anniversary. The president of a Wisconsin free market think tank says “Obamacare” will result in massive debt for future generations. “There is no guarantee that there’s going to be money in the future to pay that tax credit,” says Brett Healey of the MacIver Institute.
Healey tells WRN since the bill’s signing; the public has had a chance to examine the massive legislation and discover high costs to taxpayers. He attributes this reason to the growing opposition to the federal law.
Meanwhile some groups representing segments of the medical industry have put out a website with clear information on changes as a result of health care reform. Healthcareandyou.org has a map which you can scroll over to see a state-by-state policy breakdown.