Ohio Democrats are advancing Senate Bill 177, which aims to implement universal healthcare statewide. Sponsored by Sen. Paul Hicks-Hudson, the bill guarantees healthcare access without co-payments or deductibles and prohibits denial of coverage for preexisting conditions, responding to Ohioโs poor health rankings and high healthcare costs, according to Just The News.
Central to the bill is the Ohio Health Care Fund, designed to gather funds from federal, state, and local sources. It will support the healthcare plan through increased business and income taxes, including a payroll tax of up to 3.85% for employers, a business gross receipts tax of up to 3%, and a 6.2% income tax hike. Individuals earning over $200,000 annually will face an additional 5% income tax.
Ohio Senate Bill 177: Revolutionizing Healthcare Access for Ohioans
Sen. Bill DeMora underscored the billโs significance by highlighting the hardships faced by Ohioans without adequate healthcare, such as having to choose between medical treatments and basic needs like housing and food. He believes Senate Bill 177 will eliminate such dilemmas.
Senate Bill 177 is set for review by the Senate Insurance Committee. Its proponents are hopeful that it will revolutionize healthcare access in Ohio. As details emerge and committee assignments are finalized, stakeholders are closely monitoring its progress.
Stay updated for more news on how Ohio plans to reshape healthcare with Senate Bill 177.