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Back Letter to the Editor What will Guam do about Obamacare?

What will Guam do about Obamacare?

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BEFORE Guam decided to "opt out" like CNMI and other states (on Obamacare) have done, and since GovGuam has received more than $1 million from the federal government to study the impact of setting up the requirements of Obamacare, I would strongly recommend that a public hearing be held to determine whether GovGuam should opt out or in – with a complete rationale publicly justified.

As predicted, Republican governors from several states have already decided to "opt out," citing increasing costs of Medicaid due to "non-affordability," but they did cite solutions which Guam could also cite. For instance, patients must be able to choose their health insurance providers (Guam people do not have this luxury); people should be allowed to "buy health insurance products 'across states/territorial lines'" (Guam has a very restrictive and prohibitive licensing process- discouraging other health insurance providers from coming to Guam); and all health insurance providers should be provided "tax breaks or qualifying certificates" (GEDA should be able to provide, if they are politically motivated).

Question:
How was the $1 million expended?
Will the local laws be amended to allow people to buy health insurance across territorial lines?
Will GEDA be required to issue qualifying tax certificates?

The real question:
"Is there a political will to do the above, over purely 'local/monopolistic' and vested interests???"

Joe T. San Agustin,
Chairman,
GovGuam Retirement Fund

Comments  

 
+1 #1 Dave 2012-07-10 10:45
QCs or other tax breaks for health care providers -- or anyone else -- will be a bit of a problem, as nearly every revenue source has already been tapped out as bond security. There's virtually no flexibility left for elective measures and discretionary executive initiatives. Now that the tax refund frenzy has subsided somewhat, and will disappear altogether soon, what do we have to show for nearly a billion dollars due and payable over the next 30 years?
 

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