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Health and Wealth: The Cost of a Cared-For Nation

HEALTH & WEALTH the costs of a cared-for nation THE MOST EXPENSIVE MEDICAL PROCEDURES #1 Intestine Transplant #3 Bone Marrow Transplant #4 Lung Transplant Heart # 2 Transplant $1,121,800 $787,700 $676,800 $57,800 Liver #5 Transplant #6 Open Heart Surgery Pancreas #7 Transplant Kidney Transplant $523,400 $324,000 $275,500 O $259,000 #9 Tracheotomy #10 Destruction of Lesion of Retina $205,000 $153,000 THE HAVES Vs THE HAVE NOTS 20% Percentage of U.S. that is without Health Insurance 16.7% 12.37% 14.43% 15% 3.53% 13.60% 10% 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 7.75% 48.32% 50.6 million people are uninsured Medicare Employment Based Not Covered That's about the population of Washington, Oregon, California, Nevada, and Idaho combined. Medicaid • Direct Purchase O Other "Chart based oll percenlages of numnber of people surveyed by the U.S. Census I not percentages; some plans overlap. TYPES OF INSURANCE EMPLOYMENT BASED PREMIUM RESPONSIBILITY O employee employer $12,000 $2,660 $10,000 $11,176 average total amount employee pays out of pocket for Insurance $8,000 $6,000 $8,516 $4,000 average total amount employer pays for Insurance average total premium for employment based insurance $2,000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 AVERAGE PREMIUMS BY POLICY single plan employee +1 plan family plan $15,000 LL 31.9% $10,000 increase from 2005 to 2010 of the premium of a family Health Insurance Policy $5,000 - 2005 2006 2007 2008 2009 2010 DIRECT PURCHASE AVERAGE PREMIUMS BY AGE single plan O family plan AVERAGE PREMIUMS BY STATE O single plan family plan $10,000 $2.000 $13,296 New York 18- $6,630 18-24 $6,119 25-29 Nevada $3,276 30-34 35-39 $5,957 Tennesee 40-44 $3,150 45-49 $5,939 Colorado 50-54 $2,777 55-59 $5,609 Iowa 60-64 $2.606 MEDICARE & MEDICAID 91.2 million Both Medicare and Medicade are Health Insurance people are on government funded health insurance; that's like the entire population of the midwest. provided by the Government. Everyone 65+ and older automatically eligable People yonger can get Medicare based on a disability or specific condition ELIGIBILITY Income based, all ages eligible Medicare Part A provides coverage if you're hospitalized. COVERAGE Medicaid provides a broad level of health insurance coverage, including doctor visits, hospital expenses, nursing home care, home health care and the like. Medicare Part B provides coverage for doctor visits and other "outpatient" costs such as physical therapy, plus some preventive costs such as diabetes testing. Medicaid also covers long-term care costs, both in a nursing home and at-home care. Medicare Part C, known as Medicare Advantage, is a private plan run through Medicare that provides an alternative to Parts A and B. If you want it, you have to buy it. Medicare Part D provides prescription drug coverage. It is a separate policy you buy from a private insurer if you want it. SOURCES (Tower Perrin Health Care Cost Surveys, 2004-2011) (United States Census Bureau) edge/0310/Top-10-Most-Expensive-Medical-Procedures.aspx (Individual Health Insurance 2009: A Comprehensive Survey of Premiums, Availability, INFOGRAPHIC BROUGHT TO YOU BY CARRINGT ON COLLEGE"O ONLINE CALIFORNIA 1 Benefits, Oct. 2009) 000'0IS 000'8$ 000'9S 000S $2,000 $4,000 $6,000 $8,000

Health and Wealth: The Cost of a Cared-For Nation

shared by aleks on Jul 12
There’s nothing cheap about medical care expenses. In fact, there’s only one constant when it comes to the price of healthcare and medical treatment: it’s expensive. This infographic gives you t...


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