Health reform isn’t just about expanding health insurance coverage. It also creates jobs and lifts wages, reduces federal deficits, boosts state economies, creates new opportunities for small businesses and entrepreneurs, and bolsters families’ economic security.
Spiraling health care costs are financially crippling employers and families and driving our long-term federal deficit. Health reform bills are designed to slow the growth in health care costs, which:
- reduces the federal deficit,
- helps shore up Medicare, and
- allows employers to increase wages, hire new employees or make other investments in their business with money that would otherwise be eaten up by skyrocketing health insurance premiums.
Today, access to coverage is unreliable. Insurers can cancel coverage after people get sick, and insurers can deny applicants with pre-existing conditions or impose waiting periods before their care is covered. On top of that, job loss often also means losing health insurance. Health reform makes health insurance coverage more secure, which:
- reduces bankruptcies caused by medical bills,
- allows entrepreneurs to start new ventures without fear that leaving a current job will mean losing health coverage,
- lets small firms operate without providing health benefits while ensuring that their employees still have access to high-quality affordable coverage, and increases the pool of employees available to small businesses.
To learn more about heaath reform’s economic benefits to small businesses, families, the state economy, and the federal budget, see our new Policy Page Health Reform Will Benefit Texas Small Businesses and State Economy.



