Others have called for replace then repeal. There are widely acknowledged problems with the ACA, such as insufficient incentives for the young and healthy to buy coverage, higher deductibles that lead some people to cut back on needed care, and the unpopularity of the laws individual mandate . While the state hospital association does not officially endorse Obamacare, it does advocate ongoing funding for expanded health insurance through the ACA, which it considers successful. We obviously want to be a strong voice for maintaining access in the future, Myers said, because of its potential impact on Yakima County. He said hospital officials have met with local legislators and U.S. Rep. Dan Newhouse, R-Sunnyside. Ian Goodhew, director of government relations for UW Medicine, said he was recently in Washington, D.C., meeting with staff of the states congressional delegation. Under any replacement, we dont want to reduce services and the level of care weve been providing to patients, Goodhew said. And we need the same or similar level of federal and state reimbursement to pay for services. The Washington State Medical Association has supported Medicaid expansion in Washington and is very much interested in protecting expansion efforts, said the groups CEO, Jennifer Hanscom. But the association also wants to see physicians better compensated through Medicaid, she said. Medical-association leaders have not yet begun meeting with lawmakers to advocate for specific aspects of the ACA, Hanscom said.
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All equipment is expected to be installed in the facility during the first half of 2017, with process qualification work scheduled for the second half of 2017. It is expected that commissioning will be completed and production will begin in late-2017. “Progress is on-track to ready the joint venture fuel cell stack production operation,” said David Whyte , Ballard Vice President Operations. “Our business model in China offers near-, mid- and long-term cash flow streams at various points in the value chain. We have already received $19 million from this stack JV transaction and our $150 million long-term MEA supply contract provides forward visibility on baseload MEA production volumes. In addition to minimum MEA volumes, we also expect Ballard to realize value at the stack level from our participation in JVCo. Finally, at the module level we expect to receive technology transfer fees as well as recurring royalty payments from modules assembled by localization partners, while also driving demand for stacks from the JVCo production line for use in those modules.” Mr. Whyte continued, “With Ballard having exclusive rights to sell stacks produced by JVCo outside of China , we expect to have access to additional production capacity for future stack sales by Ballard around the globe, which mitigates the need for future capital spend on in-house capacity. Visit Your URLIn summary, our approach to localizing production is risk adjusted, capital light and IP protected.” About Ballard Power Systems Ballard Power Systems (NASDAQ: BLDP; TSX: BLD) provides clean energy products that reduce customer costs and risks, and helps customers solve difficult technical and business challenges in their fuel cell programs. To learn more about Ballard, please visit www.ballard.com . This release contains forward-looking statements concerning expected revenues and other benefits of the transactions, market interest in our products, anticipated market demand for fuel cell products and available government subsidies. These forward-looking statements reflect Ballard’s current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
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