ECFC’s Review of the 2012 Democratic Platform

9/05/2012

The Democratic platform 2012_Democratic_Platform.pdfcalls for focuses on ACA’s benefits, such as the prohibition on pre-existing conditions, allowing individuals up to age 26 to remain on a parent’s policy, and tax credits for small businesses. We will follow up with additional information as it becomes available. The tax treatment of health care will likely receive attention during the fall presidential debates on deficit reduction with tax reform expected to take place in the next Congress. ECFC is preparing for those discussions and looks forward to engaging with its members in ensuring that Congressional and Administration leaders understand the value and importance of tax-advantaged benefits to employers and their employees.

Excerpts from the Democratic National Platform

We believe accessible, affordable, high quality health care is part of the American promise, that Americans should have the security that comes with good health care, and that no one should go broke because they get sick.

Over the determined opposition of Republicans, we enacted landmark reforms that are already helping millions of Americans, and more benefits will come soon. As a result of our efforts, today, young Americans entering the workforce can stay on their parents’ plans. Insurers can no longer refuse to cover kids with pre-existing medical conditions. Insurance companies will no longer be able to arbitrarily cap and cancel coverage, or charge women more simply because of their gender. People with private insurance are getting preventive services like cancer screenings, annual well-woman visits, and FDA-approved contraception with no out-of-pocket costs.

Small businesses are receiving tax credits to help them cover their workers, and businesses and families are receiving rebates from insurers who overcharged them.

Those who don’t get insurance at work will be able to shop in new exchanges and will be eligible for new tax credits. As a result, all Americans will have access to health care. We heard powerful testimony before the platform drafting committee about the difference it will make in Americans’ lives when, for the first time, 30 million of our fellow citizens finally gain health insurance.