Texas Health Insurance Costs With Health Care Plan
Posted Oct 07 2009 10:01pm
According to the article “Texas Agency: Senate health care bill could cost Texans up to $20.4B” by Dave Michaels on dallasnews.com, residents who think they are already paying high Texas health insurance premiums and high taxes may be in for a surprise as the health care bill gets considered.
The Senate is considering a health care bill currently that would add about 2.5 million Texans to the state’s public health insurance plans. This would cost Texas taxpayers up to $20.4 billion over the next 10 years in taxes. This is according to an analysis of the legislation by the Texas Health and Human Services Commission.
Texas currently leads the nation in the number of uninsured according to the US Census Bureau figures. Over 25% of Texas residents lack health insurance, which totals about 6 million people based on a 2 year average for 07-08. Although this statistic is staggering, it is uncertain whether Texas can afford to assist insuring that many more people and it makes the Texas government very nervous to implement such a project.