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2. Why Reform is Needed. 16% of GDP Spent on Health CareMost of the industrialized world spends less than 10P.6 Million People Uninsured6.6 million lost employer sponsored coverage5.2 million more enrolled in MedicaidGrowth in Premium Crowding out Wage Increases. 3. Big Picture Impacts of R
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1. 1 The Changing Health Care Landscape: Affordable Care Act, Payment Reform and EMR Adoption HIPPA-COW Fall Conference
Friday October 15, 2010
Karen Timberlake
Wisconsin Department of Health Services
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2. 2 Why Reform is Needed 16% of GDP Spent on Health Care
Most of the industrialized world spends less than 10%
50.6 Million People Uninsured
6.6 million lost employer sponsored coverage
5.2 million more enrolled in Medicaid
Growth in Premium Crowding out Wage Increases
3. 3 Big Picture Impacts of Reform More than 125,000 Wisconsin citizens will gain access to health care
More than a million who are underinsured will see policies improved and costs reduced
Tax credits and lowered costs for small business owners
Increase affordability of prescription drugs for Wisconsin’s seniors
$750 - $980 million Increased federal funding saves state taxpayer dollars
4. 4 Office of Health Care Reform Health care reform puts decision making power in the hands of the states
We can set up health care reform in a way that works best for Wisconsin if we act now
Our focus is:
Implementing significant changes taking effect right away and begin work on major components of reform
Raising awareness of reform in Wisconsin
Influencing reforms at national level
5. 5 Health Insurance
Purchasing Exchange
6. 6 Wisconsin’s Current Insurance Landscape Large group market
95% of large employers in Wisconsin offer health care coverage
Small group insurance market
Less than 40% offer health care coverage
Small business employ 1/3 of the state’s workforce (approx. 685,278 individuals)
Non-group insurance market
Estimated 125K to 150K individuals in non-group market
Completing survey of market to obtain detail on level of benefits offered and premiums charged
7. 7 Guiding Principles