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Virginia Health Care Law Power Point

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    Virginia Health Care Law Power Point Virginia Health Care Law Power Point Presentation Transcript

    • HEALTH CARE
      REFORM
      WHAT IT
      MEANS FOR YOU
    • WHY DID WE NEED HEALTH CARE
      REFORM?
      WHAT DID WE WIN?
      MYTHS AND LIES
      WHAT’S NEXT
    • QUIZ
    • How many additional Virginians
      will get insurance under
      the new law?
      240,000
      750,000
      1.2 million
      5 million
    • How many additional Virginians
      will get insurance under
      the new law?
      240,000
      750,000
      1.2 million
      5 million
    • How many small businesses
      in Virginia will potentially
      get the tax credits provided
      under the new law?
      10,000
      48,000
      50,000
      102,000
    • How many small businesses
      in Virginia will potentially
      get the tax credits provided
      under the new law?
      10,000
      48,000
      50,000
      102,000
    • How many Virginia seniors
      will benefit from the
      improvements in Medicare?
      50,000
      70,000
      1.1 million
      4 million
    • How many Virginia seniors
      will benefit from the
      improvements in Medicare?
      50,000
      70,000
      1.1 million
      4 million
    • Why Reform?
    • $
    • BANKRUPTCIES
      OTHER
      OTHER
    • WHO DO YOU KNOW?
      DROPPED
      DENIED CLAIMS
      DELAYED CLAIMS
    • Unsustainable: Costs Double
      Without Reform
      • Health Insurance Costs in Virginia went up 83% from 2000-2007
      • The average Virginia family’s premiums went from $6,684 to $12,198 in the last decade
      • Health insurance rates have grown 8.1% every year compared to wages decreasing 1.2% in recent years
    • WHO DO YOU KNOW?
    • HOW DIDWE GET HERE?
    • WHAT WILL
      WE GET?
    • Seniors and
      the disabled
      Pay full drug costs after
      Incurring $3,600 in
      Medicare Part D Plans
    • SENIORS
    • Seniors and
      the disabled
      $250 REBATE
      This Year
    • CHILDREN
      DENIED
      COVERAGE
    • DROPPED
      BECAUSE YOU’RE
      SICK
    • ANNUAL &
      LIFETIME
      LIMITS
    • GUARANTEE
      OF HEALTH
      SECURITY
    • SMALL BUSINESSES
    • 102,600 SMALL BUSINESSES IN
      Virginia WILL GET TAX CREDITS
      TO COVER THEIR EMPLOYEES
    • SMALL BUSINESS
      TAX CREDITS
      < 25 EMPLOYEES
      AVERAGE WAGES: < $50K
    • SMALL BUSINESS
      TAX CREDITS
      UP TO 35%
    • SMALL BUSINESS
      TAX CREDITS
      2014 – 50%
    • LARGE EMPLOYERS
      50+ EMPLOYEES
      MAY PAY A FEE IF THEY
      DON’T OFFER COVERAGE
    • LARGE EMPLOYERS
      < 50 EMPLOYEES
      CAN USE EXCHANGES
    • EXCHANGES
    • Affordable for
      Individuals and
      Businesses
    • PREMIUM
      CREDIT
      $88,000
      FAMILY OF 4
    • FEE FOR CHOOSING
      NOT TO BE COVERED
      2014 - $95 or 1%
      2016 - $695 or 2.5%
    • LIMIT
      OUT-OF-POCKET
      COSTS
      $6K – INDIVIDUALS
      $12K - FAMILIES
    • MAMMOGRAMS
      COLONOSCOPIES
      ANNUAL WELLNESS
      VISIT
    • WASTE
      FRAUD
      ABUSE
    • IMMIGRANTS
    • EXCHANGES
    • MYTHS
      AND
      LIES
    • MYTH:
      IT’S A
      GOVERNMENT
      TAKEOVER
    • TRUTH:
      BUILDS ON THE
      CURRENT SYSTEM
      OF PRIVATE
      INSURANCE
    • TRUTH:
      NEW
      RULES
      FOR PRIVATE
      INSURANCE
    • MYTH:
      MEDICARE BENEFITS WILL BE CUT
    • TRUTH:
      BUDGET REDUCTIONS
      AFFECT INSURANCE
      COMPANIES AND
      PROVIDERS
    • TRUTH:
      THE NEW LAW
      INCREASES
      MEDICARE
      BENEFITS
    • NEXT
      STEPS
    • Alan Brinkley
      Columbia University Historian