While J.B. Pritzker has not released a detailed tax plan of his own, reasonable cost estimates suggest the tax hike required to pay for the candidate’s spending promises would require doubling Illinois’ state income tax rate and cost the state an estimated 132,000 jobs and $31.3 billion in forgone GDP.View Report
Illinois should roll back the state’s Obamacare Medicaid expansion and institute work requirements to save Medicaid for truly needy Illinoisans.
The time is ripe to offer private insurance options to needy Illinoisans through premium-assistance programs and Medicaid savings accounts.
As Illinois taxpayers struggle under Obamacare’s skyrocketing health insurance costs, AFSCME has called for tax hikes to fund an additional $3 billion in pay and benefits for state workers.
The surging numbers of able-bodied adults in ObamaCare’s Medicaid expansion threatens funding for Illinois’ neediest residents and discourages work among those enrolled.
New data released by the Illinois Department of Insurance reveal premiums for health insurance plans on Illinois’ ObamaCare exchange could soar by an average of 44 to 55 percent in 2017.
Spending on Medicaid has increased 141 percent since 2000, compromising other programs that help the needy.
If retiree health benefits remain unchanged, Illinois taxpayers will foot the bill for an estimated $1 billion through 2035 in Cadillac taxes on retiree health-insurance plans alone.
Services for the most vulnerable Medicaid populations will be first in line for budget cuts. Childless, able-bodied adults will be last.
The president’s signature health-insurance overhaul is as unpopular as ever. And the underlying causes for dissatisfaction continue to worsen.
The Affordable Care Act is headed back to the U.S. Supreme Court in 2015.