Reinstating the Affordable Connectivity Program (ACP) could yield substantial benefits, particularly in healthcare, education, and labor markets. A quantitative study by The Brattle Group suggests that healthcare savings alone could surpass the ACP's annual cost of $7.3 billion. The program connected over 23 million households to the Internet, enhancing access and affordability. Its long-lasting impacts include increased school performance and economic competitiveness. Notably, shifting to telehealth can result in significant savings for Medicaid, highlighting the financial justification for sustaining the ACP.
The ACP played a critical role in addressing broadband affordability in the United States over the past several years, and our analysis found that the annual return on investment for the ACP exceeds the expense of the program.
The continuation of the ACP is not just a fiscal necessity to save taxpayer dollars but a strategic investment in America's economic competitiveness.
#affordable-connectivity-program #healthcare-savings #telehealth #education #economic-competitiveness
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