Washington, D.C. – Drew Hammill, a spokesman for House Democratic Leader Nancy Pelosi, released this statement following the release of a report by the Centers for Medicare and Medicaid (CMS) Actuary, which was requested for partisan purposes by Congressional Republicans:
“This report is the latest instance of House Republicans attempting to peddle half-truths and incomplete data to justify their blind obsession with repealing the Affordable Care Act. The Actuary notes in the report that the findings are incomplete, but Republicans are only interested in what they can use to mislead and deceive Americans about the ACA and its effect on what small businesses will pay for health coverage. The report only considers the impact of three provisions in isolation, and, for example, does not consider that many small businesses will qualify for tax credits and hundreds of thousands of small businesses have already claimed credits of $1 billion.
“Before the Affordable Care Act, small businesses were routinely facing steep rate hikes outpacing those faced by individuals and large employers. The CBO has estimated that the average impact on premiums for small businesses due to health reform will be small, from an increase of one percent to a decrease of two percent. Others such as the RAND Corporation and the Urban Institute have confirmed these numbers, and thanks to the ACA, health care costs are growing at the slowest rate since tracking of the data in began in 1960.
“By providing every American access to quality, affordable coverage, the ACA will empower any American who dreams of striking out on his or her own to start the next great small business to do so without worrying about whether they can get coverage for themselves and their families.”