NEW REPORT: Colorado Families Lose Under McCain’s Radical Health Plan
Denver, CO—The Center for American Progress Action Fund, in partnership with the Wonk Room, today released a new report detailing how Sen. John McCain’s health care plan would cause hundreds of thousands of Colorado families to lose their coverage and raise taxes on the middle-class.
CAPAF is working with the Service Employees International Union, Change to Win, Health Care for American Now and the Economic Policy Institute to make Americans aware of the negative effects of John McCain’s radical health care plan.
The new report shows that in Colorado, Sen. McCain’s plan would:
- Threaten the coverage of 2.6 million people in Colorado receive health benefits through work. The Economic Policy Institute projects 340,000 could lose their coverage. McCain’s plan eliminates the employer health care tax benefits that enable many businesses, especially small businesses, to provide group insurance to their employees.
- Put at special risk coverage for the 940,000 non-elderly people in Colorado struggling with diseases like cancer and diabetes who are now covered through their jobs. Under McCain’s plan, insurance companies would be free to “cherry pick” only those individu als for coverage who do not have costly health conditions and avoid state regulations that keep health care accessible and affordable.
- Raise taxes on the health insurance benefits paid by millions of Colorado families. A typical Colorado family could pay almost $1,100 more in taxes by 2013 if McCain imposes both income and payroll taxes on their health coverage.