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Published byDiane Jemimah Montgomery Modified over 8 years ago
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Healthcare Industry NAICS CODE 622110
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Health Care History Organized medicine took shape dating back to 1900s Franklin D. Roosevelt approved public healthcare programs Hospital and Physicians began their own insurance plans First insurance plan – Blue Cross Congress approved third party insurers to extend medical plans
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Affordable Care Act THE UNIVERSAL PLAN WAS PASSED BY CONGRESS AND SIGNED INTO LAW BY PRESIDENT BARACK OBAMA ON MARCH 23, 2010.
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REVENUE SALES ESTIMATE OF TWO TRILLION DOLLARS ANNUAL
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HEALTH CARE INDUSTRY STATISTICS NUMBER OF HEALTHCARE COMPANIES IN US - 760K NUMBER OF HEALTHCARE EMPLOYEES - 16 MILLION AVERAGE HEALTHCARE EMPLOYEE SALARY – 40K
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Health Care Industry Sales Statistics Care Patient Care – 64% Skilled Nursing Services – 4.49 Dental – 2.98% Contributions Gifts, Grants by government 2.69% Appropriations from general gov’t 2.42% Other 23.36%
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Competitive Insurance Companies Kaiser Permanente Humana Blue Cross Blue Shield United Healthcare
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Common Insurance Plans HMO Health Management Organization : Require to select PCP (primary care physician) Referral to see specialist Premiums are lower / usually no deductible PPO Preferred Provider Organization : Can visit specialist without referral Visit hospital and doctors out of network; without being penalized Premiums tend to be higher Essential Essential Health Benefits Basic Coverage Preventative & Wellness Ambulatory Services Emergency Services Hospitalization Mental Health
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States with most healthcare companies California ~ 97,228 Texas ~ 54,991 New York ~ 53,948 Florida ~ 51,679 Pennsylvania ~ 35,156 Illinois ~ 31,062 Ohio ~ 27,965 New Jersey ~ 25,777
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Health Care Cost Statistics Average cost of healthcare: Single Coverage Family Coverage 5,61515,745 Average cost to employee1,225 4,316 enrolled in company plan:
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Healthcare is Essential!
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