250 likes | 397 Views
Medicaid Redesign. Better for Idaho’s taxpayers, businesses, and patients. Where we stand. Community Health Centers. Who are the “medically indigent”?. Working Idahoans Minimum wage = $15,080/year 31,000 employed Idahoans at minimum wage Self-employed & Small Business Employees.
E N D
Medicaid Redesign Better for Idaho’s taxpayers, businesses, and patients
Where we stand • Community Health Centers
Who are the “medically indigent”? • Working Idahoans • Minimum wage = $15,080/year • 31,000 employed Idahoans at minimum wage • Self-employed & Small Business Employees Annual Cost of Living * * U.S. Bureau of Labor Statistics - averages are based on 2.6 person households
Status Quo High cost Forecast Appropriated State Catastrophic Fund – supported entirely by income taxes
Status Quo High cost Forecast Spent County Indigent Fund – supported entirely by property taxes
Low Value • Status Quo
Financial Risk • Status Quo
Financial Risk • Status Quo
MedicaidRedesign Eliminate Waste Over $1 billion in tax dollars from 2014 - 2024 Half fiscal year
Coverage for Working Idahoans MedicaidRedesign 68% of those who qualify have at least one full-time worker in the household; 16% have one or more part-time workers
Provide Coverage for Working Idahoans Medicaid Redesign • Provides coverage to adults earning <138% of FPL or a family of four must have income less than $32,500 • Adults age 19-64 • Must be legal Idaho residents Idaho minimum wage = $7.25/hr or $15,080/yr
Redesign the System • Medicaid Redesign • Personal responsibility and accountability • Coordinated Care • Managed Care for chronic conditions • Reduce waste through technology and electronic health records
Far Reaching Effects….. for Idahoans • Status • Quo Medicaid Redesign <6,000 treated 149,000 covered
Far Reaching Effects….. for Idaho Businesses • Status • Quo Medicaid Redesign Healthier Workforce $12.3-18.5 million in federal penalties for businesses
Far Reaching Effects….. for Idaho’s Economy • Status • Quo Medicaid Redesign 16,000 new jobs Rising taxes or budget cuts to critical programs Bringing Idaho taxes back to Idaho Not attractive to new businesses Risks for Idaho businesses
Far Reaching Effects….. for Idaho Tax Payers • Status • Quo Medicaid Redesign $1 Billion in tax savings through elimination of County Indigent & CAT Funds $1 Billion in continued County Indigent and CAT Funds $85 million in savings at the county and state levels AFTER state portion. $394 million for full Medicaid Enrollment
Status • Quo Medicaid Redesign
Status • Quo Medicaid Redesign
Status • Quo Medicaid Redesign
Status • Quo Medicaid Redesign $1.5 Billion $85 Million
Only one choice www.TheRightMedicineForIdaho.org