A new study from Families USA compares both Mitt Romney’s Massachusetts health reform law and proposed health care plans as a presidential candidate with President Obama’s health care reform. The report finds that on both a national and state-by-state level, Romney’s proposed reforms would lead to a substanitally higher uninsurance rate and considerably less financial support for American families trying to access health coverage than Obamacare would. A key element of the study notes that Romney’s plan uses tax deductions (relief on the amount of taxable income workers have to claim) as opposed to Obamacare’s tax credits (an actual reduction in the total taxes workers pay) as its method of premium support, thus reaching fewer Americans and providing them with less subsidies.
As the following chart from the report demonstrates, Romney’s proposals would provide working families little more than half the subsidies that Obamacare does, and by 2022 Romney’s plan would lead to a net 50 million more uninsured Americans than Obamacare would:
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