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How ACA could improve U.S. economy

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David Squires and David Blumenthal, M.D., argue that the Affordable Care Act could significantly improve U.S. economic strength because:

*“The ACA could significantly improve the U.S. workforce’s overall health. Insurance expansions have been shown to improve beneficiaries’ health and raise their future earnings. ”

* “Taming our nation’s astronomical health care bill would further improve our ability to compete in foreign markets. We spend more on health care than any other wealthy country—health spending represents nearly one-fifth of the U.S. economy, compared with one-tenth in the average industrialized nation. This leaves fewer resources available for research, infrastructure, education, and other investments that are foundational to economic competitiveness.”

* “ACA marketplaces created a functional health insurance market for people buying health insurance on their own, weakening the link between employment and coverage. This promotes entrepreneurship, by allowing workers to leave jobs and start their own businesses without losing their insurance. ”


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