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Business case for fhm fact sheet 03 25 11
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Business case for fhm fact sheet 03 25 11

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  1. The Business Case for the Fund for a Healthy MaineHealth insurance premiums continue to rise for Maine employers and families. The averageMaine employer-sponsored insurance premium (ESI) was $12,363 for a Maine family in 2006;employer share averages $8,703 (70%) per family. The cost is expected to more than doubleover the next 10 years.1 o Projections for 2012 are:  Average ESI per family: $21,104  Average Employer share: $15,172 (72%)Maine’s economic recovery depends on bringing down the cost of health care for businesses,and that’s what the Fund for a Healthy Maine is designed to do. Maine business leadersconsistently identify lowering health costs as the single most important priority for lawmakersto address in their efforts to spur new economic growth.2It would be foolish and short-sighted to give away $7.50 tomorrow for $2 today. That’s not agood deal for Maine. Every dollar invested in preventing disease and promoting opportunitiesfor good health saves $7.50 in long-term health costs.3 That’s the price we’ll pay if we cut FHMprevention dollars to supplant General Fund dollars that receive a federal match on Medicaid 2-to-1.The Fund for a Healthy Maine is the State’s largest investment in public health. For ourinvestment in public health, Maine ranks 22nd nationally. Without the funding provided throughthe Fund for a Healthy Maine for public health prevention measures, Maine would rank 48th inthe nation for our per capita investment.4The Fund for a Healthy Maine is working! Helping smokers quit, giving kids a healthy start,providing opportunities for new parents, motivating families to get active, teaching studentsabout healthy choices, and engaging communities in every corner of Maine.Don’t dismantle this necessary investment in Maine’s economic future. The people of Maineare counting on Maine legislators to protect the Fund for a Healthy Maine and keep it workingas it was intended – creating opportunities for better health and lower costs for everyone.1 New America Foundation (2008). The Cost of Doing Nothing: Why the Cost of Failing to Fix Our Health Care System Is GreaterThan The Cost of Reform.2 Maine State Chamber of Commerce/Maine Development Foundation (2010),www.mainechamber.org/images/MakingMaineWork/MakingMaineWork_Report2010WEB.pdf.3 Trust for America’s Health (2009), www.healthyamericans.org/reports/prevention08/Prevention08.pdf.4 United Health Foundation (2010). America’s Health Rankings. www.americashealthrankings.org. Developed by the Friends of the Fund for a Healthy Maine, March 2011 [ako]

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