Affordable Care Act and Arkansas

The Affordable Care Act and the Arkansas Health Care Independence Act will help Arkansans get the treatment they need and help hospitals stay in business. This data demonstrates the need and the assistance on the way. HEALTHCARE REFORM BY THE NUMBERS Sources: The Rand Corporation, Arkansas Center for Health Improvements, Demos.org, Act 1497 of 2013, and EnrollAmerica.org THE UNINSURED IN ARKANSAS & Insured Only, Please. NATIONALLY 16.5% of Arkansas residents report they could not see a doctor due to cost. For those without insurance: Adults are more likely to be diagnosed with later-staged cancer due to delays in seeking care. 67% 78% 26% Uninsured Americans who have been without coverage for 2 or more years. Uninsured Americans who don't know about the new Health Insurance Marketplace. 26% of working-age Arkansans are uninsured. Adults are more likely to die from trauma or other acute conditions like heart attacks and strokes. Percent of bankruptcies in the U.S. which are due to medical debt. Over $338 million THE IMPACT OF INSUFFICIENT Estimated amount of HEALTH uncompensated care costs to Arkansas hospitals in 2010. INSURANCE 62% 47% Nationally, 47 percent of all indebted households indicated out-of-pocket medical expenses contríbuted to their credit card debt. Cost for Medicaid coverage expansion paid by the federal government, not Arkansas taxpayers. Begins at 100% and will gradually reduce to no less than 90%. THE IMPACT OF THE AFFORDABLE CARE ACT 2020 and thereafter Through 2016 2017 2018 2019 A 2013 study by the Rand Health Corporation on the economic impact of the ACA in Arkansas predicted that by 2016: 100% 95% 94% 93% 90% At least 100% 100% 100% 100% 100%- $550 Million Annual increase to Arkansas gross domestic product (GDP) Up to $67 million annually will be saved in Arkansas because of a reduction of costs for 90%- 90% 90%- 90%- 90%- 2,300 Lives saved each year 80%- 80% 80%. 80%- 80%- uncompensated care. 6,200 New jobs created 70%- 70% 70% 70% 70% 60%- 60% 60%- 60%- 60%