If you're thinking about starting a new business, you might want to consider putting South Carolina, Alaska and Iowa at the top of your target locations to put down roots. In terms of state health care policies, a new survey says, these three top the list of the ten best states in this area.
“Health Care Policy Cost Index 2011,” just released by the Small Business and Entrepreneurship Council (SBE Council), tied together seven policy measures that impact of cost of health care, including tax treatment of health savings accounts , various forms of guaranteed issue regulation, various community rating regulations, number of insurance coverage mandates and whether or not states have high-risk pools.
The other states making the SBE Council’s top-ten list are Indiana, South Dakota, Nebraska, Wyoming, Montana, Oklahoma and Alabama.
Maine, on the other hand, may be good for lobsters, but it comes in at the very bottom of the list of the worst states in the realm of health care policies. Joining Maine in the cellar were Florida, Colorado, Connecticut, Washington, Vermont, New Jersey, New York, Rhode Island and Massachusetts.
“In March of last year, President Obama signed into law a massive government intervention into health care, including expanded government spending, regulation, mandates and taxes,” Raymond J. Keating, SBE Council chief economist, said in a statement. “Unless Congress repeals all or key parts, the phase in of this new health care law inevitably will mean increased costs. But it’s not just about what’s happening at the federal level. He states impose policies that affect the accessibility and affordability of health care services and insurance as well.”
Rather than advocate additional government control over health care funding and decisions, Keating said, policymakers need to rein in government-related costs — including mandates and litigation costs — and push ahead with reforms that expand choice, increase competition, and boost affordability and access to care and coverage.
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Reach BusinessNewsDaily senior writer Ned Smith at firstname.lastname@example.org. Follow him on Twitter @nedbsmith.