Assistant Commissioner Marc D. Young Oklahoma Insurance Department

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Presentation transcript:

Assistant Commissioner Marc D. Young Oklahoma Insurance Department OHCA Board Retreat 8-27-09 Assistant Commissioner Marc D. Young Oklahoma Insurance Department

$954 MILLION Oklahoma’s Hidden Tax ANNUALLY (Cost Shift) Source: Kenneth Thorpe, PhD, Paying a Premium: The Added Cost of Care for the Uninsured. Families USA, June 2005

SCI Plan Strategies Generation and Application of Public Revenue Maximizing Current Opportunity Creation of the Affordable (Basic) Health Benefits Plans Generation and Application of Public Revenue Enrollment Strategies Partnerships, Support and Ongoing Development

Increased Coverage Leads to…

The DISAPPEARING Hidden Tax $477 MILLION ANNUALLY Note: Number of uninsured Oklahomans decreases by half in five years.

Assistant Commissioner Marc D. Young Oklahoma Insurance Department Q & A Assistant Commissioner Marc D. Young Oklahoma Insurance Department