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Published byShauna Norman Modified over 9 years ago
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Georgia’s Coverage Gap Your name Title Organization
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Introduction slide Organization name and logo. Other important org. info. Member of Cover Georgia coalition
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Pathways to Coverage under the ACA Employer-based coverage Individual/non-group (healthcare.gov) (Coverage Gap) Public health insurance coverage Medicare Medicaid TriCare (Veterans) Kids: PeachCare/Medicaid People who qualify for Medicaid: Children (up to age 19) Women who: Are pregnant Have breast, cervical cancer Low to mid-income Aged, blind, disabled (very low income) Very low-income parents (Ex: must earn less than $5500/year for family of three) People in long-term care (nursing homes)
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Georgia’s coverage gap
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An example FYI Federal Poverty Line (FPL)— a measure of income set by US Dept. of Health & Human Services. Used to determine a person’s eligibility for certain programs and benefits
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Family Size Annual Income 1$11,770 2$15,930 3$20,090 4$24,250 100% Federal Poverty Line 2015 Low-wage workers Construction workers, restaurant servers, retail workers, child care providers Parents Working parents who make 39% FPL and 100% FPL Non-working parents who make 30% FPL to 100% FPL Veterans 20,000 Georgia veterans + 4000 spouses Childless adults who earn less than 100% FPL Source: http://www.urban.org/uploadedpdf/412775- Uninsured-Veterans-and-Family- Members.pdf
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An opportunity for Georgia
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The economics of closing the coverage gap Georgia can easily cover its share of the costs State savings & new revenue will offset new spending “Use it or lose it” Georgia can opt out at any time Total 4 year costs $575 million Total 4 year revenue $700 million Source Cost estimates: Tim Sweeney, Georgia Budget & Policy Institute
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Other states have closed their gaps
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Expansion Uninsured rates down 37.7% 1 Hospitals saved $4.2 billion (2014) 2 Improved health outcomes, especially among older adults, racial/ethnic minorities, and residents of poorer counties 3 State budget savings Non-expansion Uninsured rates dropped only 9% 1 Hospitals saved $1.5 billion (2014) 2 No state budget savings Other states have closed their gaps Sources: 1. http://hrms.urban.org/briefs/taking-stock-at-mid-year.htmlhttp://hrms.urban.org/briefs/taking-stock-at-mid-year.html 2. Dept. of HHS, http://www.hhs.gov/news/press/2014pres/09/20140924a.html http://www.hhs.gov/news/press/2014pres/09/20140924a.html 3. New England Journal of Medicine http://www.nejm.org/doi/full/10.1056/NEJMsa1202099#t=articleResu lts
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State budget savings & revenue gains AR $153 M KY $109 M MI $468 M CO $307 M WA $464 M OR $275 M Source: Manatt Health Solutions, States Expanding Medicaid See Significant Budget Savings and Revenue Gains Key sources of savings
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When Georgia closes its coverage gap… People Affordable health care access for 300,000 Georgians Financial, health peace of mind Economy $8 billion per year in new economic activity $220 million per year in new tax revenue Health Care Industry $3 billion in federal money annually Reduce uncompensated care costs for all hospitals Help to stabilize failing rural hospitals Workforce 56,000 new jobs created Source: Dr. William Custer, Economic Impact of Medicaid Expansion in Georgia
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What can you do? Now! Sign a postcard to your legislators Online at: surveymonkey.com/s/closethecoveragegap Share your coverage gap story Include email address here about where to send coverage gap stories. Can use info@healthyfuturega.org if you’d like.info@healthyfuturega.org Add your organization’s name to our list of supporters
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Name Contact info Stay in touch! Web address Facebook: Twitter: #coverga
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