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KAHLIANNE JONES PD2 APRIL 8 TH, 2010 Health Care Reform, Medicare, and Medicaid
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Health Care Reform: why do we need it? 46 million Americans have no insurance 25 million more are underinsured Employers have stopped offering insurance to employees US spends 52% more than any other nation
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Health Care Reform: the bill A government-sponsored health insurance program Purchase insurance through state-based exchanges separate exchanges for small businesses Largest middle class tax cut 95% of Americans will be insured
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Health Care Reform : the bill Illegal immigrants not allowed health insurance Cut government overspending Rein in waste, fraud and abuse Commonsense road rules keep premiums down
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Health Care Reform: the bill Everyone must purchase health insurance Or face a $695 annual fine No denial because of pre-existing conditions Employers must provide health insurance If more than 50 employees Individuals have to pay for abortion
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Health Care Reform: the bill No Republicans voted for the bill 34 Democrats voted against the measure Estimated cost of reform $940 billion Estimated reduction in deficit $143 billion
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Health Care Reform: How will we pay for it? Medicare Payroll tax on investment income Insurance companies pay 40% excise tax highend insurance plans worth over $27,500 3.8 % tax on investment income For families making more than $250,000 a year
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Health Care Reform: Democratic view Health care more affordable Faster greater competition in insurance company Guarantee of quality
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Health Care Reform: Republican View Plan too costly Will make health insurance more expensive Lower quality of health care
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Medicare Federal health insurance program Began in 1965 Not free Beneficiaries share cost of health care
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Medicare Only covers services when medically nesescary People who qualify: 65 and older People with disabilities People with ESRD
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Medicaid
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