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Medicaid Redesign. Better for Idaho’s taxpayers, businesses, and patients. =. Where we stand. Community Health Centers. Who are the “medically indigent”?. Working Idahoans Self-employed & Small Business Employees Idaho’s minimum wage = $15,080/year Idaho average salary = $38,000/year.
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Medicaid Redesign Better for Idaho’s taxpayers, businesses, and patients
Where we stand • Community Health Centers
Who are the “medically indigent”? • Working Idahoans • Self-employed & Small Business Employees Idaho’s minimum wage = $15,080/year Idaho average salary = $38,000/year Annual Cost of Living * * U.S. Bureau of Labor Statistics - averages are based on 2.6 person households
Status Quo High cost Forecast Spent County Indigent Fund – supported entirely by property taxes
Status Quo High cost Forecast Appropriated State Catastrophic Fund – supported entirely by income 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 Idaho’s Economy • Status • Quo Medicaid Redesign $12.3-18.5 million in federal penalties for businesses Healthier Workforce Rising taxes or budget cuts to critical programs 16,000 new jobs Not attractive to new businesses Bringing Idaho taxes back to Idaho
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