Current Health Care Trends History of Health Insurance

Current Health Care Trends

History of Health Insurance • http: //www. youtube. com/watch? v=dd 06 ozo. Cq. M

Health Care Trends • Uninsured and Underinsured • Health care worker shortage • Downsizing • Mandatory staffing ratios

Health Care Trends • Insurance consolidations • Telemedicine on Rise • Electronic health records • Digital Divide

Health Care Trends • Buying medications online • Rising Gas Costs

Types of Insurance • Employer-Sponsored – 61% – Shared monthly payments • $1362/month - $408 • Individual – private Insurance – 5% – Age, wt, smoking, hlth hx – High monthly payments, co-pay, deductable

Types of Insurance • Uninsured – 18% • Medicaid/Medicare & Public Insurance – 16% – Elderly, non-elderly, low-income, children, pregnant women, individuals with disabilities

The Affordable Care Act • Product of the Health Care Reform agenda – Signed into law March 23 2010 • Improving coverage for Children • Ending lifetime limits

The Affordable Care Act • Preventive services • Young adults coverage with parents through 26 • 50% discounts on drugs • Tax credits for small businesses

Health Care Reform Bill • Expand coverage to 32 million Americans • Health Insurance Exchanges • Medicare payroll tax • Close the “donut hole” • Medicare cuts • Expand Medicaid

Health Care Reform • Children coverage • No health care plan would be required to offer abortion coverage • Individual mandate to purchase health insurance • Employer mandate • Immigration

Lets Summarize • http: //www. youtube. com/watch? v=3 Ilc 5 x. K 2_E • http: //obamacarefacts. com/obamacarefacts. php

Health Care Reform Facts • Cost $938 Billion over 10 years • Reduce Federal deficit by $138 billion over a decade • Not a single Republican voted for the final version • Jan 2011 Republicans voted 245 to 189 in favor of repeal

Health Care Reform Facts • Open enrollment for the marketplace started Oct. 1, 2013 • Budget shut down – medical device tax – Employer mandate

Health Care Reform Facts • Employer Mandate – Large companies – Full time employees • Small Buisnesses –. 02% affected by mandate – Cost assist, buying power, tax credits

Health Care Reform Facts • Prevents discrimination – Income, age, tobacco use, family size, geography, type of plan