Healthcare spending accounts for 18 percent of the US economy. Congress has acted to eliminate funding of the Affordable Care Act (ACA) without a way to finance a replacement. If approved, the repeal will have significant negative consequences for Colorado businesses, individuals, government and the economy. Colorado hospitals will be hard hit as the number of uninsured seeking emergency room care skyrockets. An Urban Institute analysis of a 2016 repeal bill shows insurance marketplaces for individuals and small businesses would likely collapse due to loss of premium supports from the ACA.
Reduced ER Visits
Before the ACA, hospital emergency rooms were overcrowded with patients who could not afford to go to a doctor. The federal anti-dumping law requires hospitals to treat anyone seeking emergency care. Since the ACA was approved in 2010, more than 22 million uninsured Americans have gotten coverage. With access to preventive care, citizens could get treatment sooner from community physicians. This reduced needless ER visits that