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Care4Carolina

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Sign as a Business Leader

As a North Carolina business leader, I endorse the following statement:

We, as North Carolina business leaders, understand that a strong economy and a thriving workforce require healthy families. Right now, too many hard-working families are uninsured. In fact, about two-thirds of all uninsured adults in North Carolina work. They are construction workers, farmers, child care providers, and even veterans. We urge the North Carolina General Assembly to achieve a bi-partisan solution to close the health insurance coverage gap. Now is the time to act. There are proposals on the table that would require no investment of state tax dollars and closing the gap would create an estimated 37,000 jobs and billions in economic activity. Much of this economic activity would benefit our rural communities and other areas most in need of an economic boost. Closing the health insurance coverage gap is a good deal for the health of North Carolina families and for our economy. We urge you to work together and achieve a policy solution that closes the health insurance coverage gap.

Business Leaders for Closing the Coverage Gap

By signing this statement you are granting permission to Care4Carolina to publicize your endorsement. Your personal information will only be used for the purposes of this public endorsement statement and will not be shared with any other entity. Personal contact information will not be shared in endorsement statements listings or ads. Employer affiliation will be used for identification purposes only. For example: “Mr./Ms./Mrs. John Doe, CEO, ABC Corporation*; Anytown, NC”.

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Sign as an Individual

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Sign as an Organization

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Sign as a Civic Leader

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Sign as a Faith Community

Faith Leaders Addendum

As a North Carolina faith leader/ community of faith, I/we endorse the following statement:

We, as people of faith in North Carolina, believe that the Lord brings good news to the poor, binds up the broken-hearted, and comforts all those who mourn. We believe that when we work to ease the burdens of our neighbors who are struggling the most, we are caring for God. And, we believe we are called to follow our God by doing good, not only in the halls of our congregations, but by seeking justice in the wider world.

That means we cannot stand silent when presented with the opportunity to provide healthcare coverage for hundreds of thousands of our brothers and sisters. We understand that a community cannot flourish while its people lack access to affordable, quality healthcare. Healthy families are the bedrock of our communities of faith and of our local economies. Uninsured North Carolinians include members of our congregations, pastors, child care providers, farmers, construction workers, small business owners, neighbors, and friends. We urge the North Carolina General Assembly to work together across bi-partisan lines to close the health insurance coverage gap for all of these children of God.

Signing Disclosure

By signing this statement you are granting permission to Care4Carolina to publicize your endorsement. Your personal information will only be used for the purposes of this public endorsement statement and will not be shared with any other entity. Personal contact information will not be shared in endorsement statements, listings, or ads. Employer information will be used for identification purposes only. For example: “Rev. John Doe, Pastor, ABC Church, Anytown, NC.”

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Sign as a Grassroots Group

As legislation progresses to enact a North Carolina solution to close the health insurance coverage gap, it is critical that we have a grassroots team ready to mobilize. By signing up as a member of the Care4Carolina Grassroots Action Network, you agree to activate your group/organization when action is requested during the campaign. Action requests may include but are not limited to reaching out to legislators, sharing posts on social media, and relaying information to other contacts.

Your work as a grassroots group/organization is essential to our efforts, and Care4Carolina appreciates your support in ensuring that our mission is achieved. Together, we will find a North Carolina solution to close the health insurance coverage gap.

*By signing on as a member of the Care4Carolina Grassroots Action Network, your group/organization’s information will not be shared externally. The information collected through this form is for internal use only.

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Make the Fiscally Responsible Decision: Close the Coverage Gap

November 2, 2021 by Katie Horneffer Leave a Comment

By Katie Horneffer, Intern, Care4Carolina

Closing the coverage gap would make affordable health insurance accessible to 600,000 more North Carolinians, bringing countless health benefits to the state. Closing the coverage gap is also a fiscally responsible decision for North Carolina.  Should the NC General Assembly close the health insurance coverage gap in the budget, NC would draw down federal dollars, boost the state economy, and create new jobs all while improving healthcare access.

From a fiscal perspective, now is the best time to close the coverage gap.  In addition to 90% federal match for states that have expanded, funding incentives were added under the American Rescue Plan passed earlier this year. The increased federal match rate will bring $1.7 billion in federal funding to North Carolina over the next two years. The NC Department of Health and Human Services estimates the cost of closing the gap to be only $700 million for the first two years, meaning our state would bring in a $1.0 billion surplus. This funding is estimated to be able to cover the full cost of closing the gap for up to 6 years—after which the federal government would still cover 90%.

Furthermore, research shows that the 10% state share has not proven to be a financial burden for other states. Closing the gap results in savings in other areas of the budget, such as mental healthcare and public safety. Because of this, the true cost of closing the gap is often far less than the sticker price, and states do not have to worry about raising revenue equivalent to the full 10%. In fact, in some other states, closing the coverage gap resulted in net savings to the state budget. For example, Michigan has been reaping net savings of $160 million per year after closing the coverage gap, and it sees an additional $140 million per year in tax revenue due to increased economic activity. Similarly, the cost of closing the gap in Virginia was covered by savings within the Medicaid program alone; in its first year after closing the gap, the state saved $211.7 million more than expected.

This infusion of federal dollars into the state would also help boost North Carolina’s economy. An updated analysis from the Commonwealth Fund, which accounts for the increased American Rescue Plan Funding, shows even bigger boosts in the state economy and job growth. If North Carolina closed its coverage gap today, the state gross output is projected to increase by $34.1 billion between 2022 and 2025. Personal incomes would also be expected to grow by $20.9 billion over this timeframe. 83,000 new jobs would be created in the state; over 43,000 of these would be in healthcare, but the economic impacts would trickle into other sectors too, such as construction, retail, and finance.

Closing the coverage gap wouldn’t only be good for North Carolinians’ health and well-being: it also makes fiscal sense. With North Carolinians’ federal tax dollars being used to support closing the gap in other states, it’s about time we bring some of those tax dollars back home. Our health—and our economy—depend on it.

Category iconWeekly Blog Tag iconBudget,  Economy,  Good for the Economy,  Revenue

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