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Ohio Senate Bill 177: Universal Healthcare Proposal and Funding Details

(photo: The Center Square)

Ohio Senate Bill 177 proposes universal healthcare in Ohio.

Ohio Senate Bill 177

Ohio Democrats are advancing Senate Bill 177 aiming 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 Ohio’s poor health rankings and high healthcare costs, according to the report of 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: a payroll tax up to 3.85% for employers, a business gross receipts tax up to 3%, and a 6.2% income tax hike. Individuals earning over $200,000 annually face an additional 5% income tax.

READ ALSO: 100+ Cities Launch Guaranteed Basic Income Pilots: Can Federal Involvement Help Scale Success? 

(photo: Ohio Capital Journal)

Ohio Senate Bill 177: Revolutionizing Healthcare Access for Ohioans

Sen. Bill DeMora highlighted the bill’s importance by describing the hardships faced by Ohioans without adequate healthcare, such as choosing between medical treatments and basic needs like housing and food. He believes Senate Bill 177 will eliminate such dilemmas.

Senate Bill 177 awaits 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.

READ ALSO: $50 Billion Windfall: IRS Cracks Down On Corporate Tax Loophole, Strengthening Federal Revenue-Check It Out!

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