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Health care reform

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This presentation was created for my statistics class to talk about the effects of Obamacare and the statistics mentioned in the article from The Economist.

This presentation was created for my statistics class to talk about the effects of Obamacare and the statistics mentioned in the article from The Economist.


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  • 1. Health Care Reform Obamacare Juliana Thompson GBS 221
  • 2. Health Insurance Topics• Obamacare• Company reactions• Possible results
  • 3. “Health Insurance in America: The Insured and the Unsure” Obama Said…“IF YOU likeyour health-care plan, youcan keep yourhealth-careplan.”
  • 4. Firms Question…• Will firms keep company healthcare?• Will firms give a stipend for private health?• Will firms make employees pay more?
  • 5. Facts• Obamacare begins January 1, 2014• Today 150 million Americans get health benefits.• Post WWII era, tax-free employer healthcare• Wage freeze
  • 6. Facts• Healthcare: doubled in last 10 yrs• Costs employer $15,745 a year to cover employee with family.
  • 7. Facts• Incomes of 100-400% of poverty qualify for state subsidies• Companies may drop coverage – the state can cover healthcare• $2000 per person company fine
  • 8. Drop Healthcare in 5 Years• Small companies may drop medical insurance• Small – 21%• Medium – 8%• Large – 5%
  • 9. McKinsey Study• 2011 - 30% of employers would drop insurance after 2014• If the company understands health reform - over 50% would drop insurance
  • 10. Deloitte Study• 9% of employers will drop coverage in 3 years
  • 11. Defined Contribution• Company pays employee a fixed sum for private insurance.• Similar to fixed pension• A predictable cost for employer• Encourages workers to take control of their own health – lose weight or quit smoking
  • 12. Defined Contribution• All companies consider this option.• Small – 45%• Medium – 38%• Large – 32%
  • 13. Workers Spend More on Health• Overprescribing: “My insurance will cover it.”• Mercer - 43% of employers expect workers to pay more in 2013• 60% of Big companies willing to have employees spend more
  • 14. Workers Spend More• Large companies prefer to shift costs to workers• Small – 43%• Medium – 59%• Large – 68%
  • 15. Expectations• Employees will become healthier to minimize costs• Delay seeing doctor• Avoid doctor
  • 16. Conclusion• Spending more on health• Increased responsibility on health users