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Article: Summary of Economic Effects of Health Care Reform
- Article from:
- U.S. Newswire
- Article date:
- October 6, 1993
CopyrightCopyright 1993 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON, Oct. 6 /U.S. Newswire/ -- The following summary
of the economic effects of health care reform was released today
by the White House:
ECONOMIC EFFECTS OF HEALTH CARE REFORM
Comprehensive health care reform is a necessary element in an
overall strategy t o increase long-term economic growth, lower
interest rates, reduce the deficit, and create jobs. Tod ay, the
rising cost of health care is a hidden tax on employers - hurting
businesses, depressing wages, limiting job creation and threatening
our competitiveness. The bottom line is this: health care reform
wi
ll lower business costs, raise wages, and increase opportunities
for
workers.
I. THE HEALTH SECURITY PLAN ...