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Impact of Reform on Sources of Insurance and Hospital Finance Stephen A. Frayne Senior Vice President, Health Policy Connecticut Hospital Association September 21 and 30, 2011. Balancing Connecticut Hospital Finances 2008 Population by Insurance Type (in Thousands). 343 Uninsured 10%. 536
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Impact of Reform onSources of Insurance and Hospital FinanceStephen A. FrayneSenior Vice President, Health PolicyConnecticut Hospital AssociationSeptember 21 and 30, 2011
Balancing Connecticut Hospital Finances 2008 Population by Insurance Type (in Thousands) 343 Uninsured 10% 536 Medicare 16% 90 3% 33 1% 322 9% FFS SAGA Managed 2,113 Private Insurance 61% Total: 1,324 39%
Balancing Connecticut Hospital Finances May 2011 Population by Insurance Type (in Thousands) 380 Uninsured 11% 571 Medicare 16% 109 3% 71 2% 395 11% FFS SAGA (MLIA) Managed 2,059 Private Insurance 57% Total: 1,526 43%
2010 Balancing Connecticut Hospital Finances (in millions) $-137 Uninsured +3% $+1,075 Private Insurance Margin +25% $-270 Medicare $ -810 Margin -19% Medicaid $-403 $-145 $-117 $-141 FFS MLIA Managed
Connecticut After Reform –2014 Uninsured and Medicaid Enrollment 2014 2008 -2011 2014
Connecticut Population by Insurance Type – After Reform Based on Lower Estimate of Medicaid Enrollment 2014 571 Medicare 16% Total: 1,188-1,399 33%-39% 110-126 Uninsured 3%-4% 507-702 Medicaid 14%-20% 2,397-2,186 Private Insurance/Exchange 67%-61%
Projection 2014 Balancing Connecticut Hospital Finances (in millions) $-97 Uninsured -4.5% $+1,404 Private Insurance $-1,012 Medicare $-1858 Margin -44% $-749 Medicaid Managed Care Margin +25%
