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 $2.606 MEDICARE & MEDICAID 91.2 million Both Medicare and Medicade are Health Insurance people are on government funded health insurance; that's like the entire population of the midwest. provided by the Government. Everyone 65+ and older automatically eligable People yonger can get Medicare based on a disability or specific condition ELIGIBILITY Income based, all ages eligible Medicare Part A provides coverage if you're hospitalized. COVERAGE Medicaid provides a broad level of health insurance coverage, including doctor visits, hospital expenses, nursing home care, home health care and the like. Medicare Part B provides coverage for doctor visits and other "outpatient" costs such as physical therapy, plus some preventive costs such as diabetes testing. Medicaid also covers long-term care costs, both in a nursing home and at-home care. Medicare Part C, known as Medicare Advantage, is a private plan run through Medicare that provides an alternative to Parts A and B. If you want it, you have to buy it. Medicare Part D provides prescription drug coverage. It is a separate policy you buy from a private insurer if you want it. SOURCES http://www.towerswatson.com/ (Tower Perrin Health Care Cost Surveys, 2004-2011) http://www.census.gov/hhes/www/income/income.html (United States Census Bureau) http://quickfacts.census.gov/qfd/index.html http://financialecige.investopedia.com/financial- edge/0310/Top-10-Most-Expensive-Medical-Procedures.aspx http://money.cnn.com/retirement/guide/retirementliving_healthcare.moneymag/index2.htm http://www.thebostonchannel.com/r/17788186/detail.html http://www.ahip.org/ (Individual Health Insurance 2009: A Comprehensive Survey of Premiums, Availability, INFOGRAPHIC BROUGHT TO YOU BY CARRINGT ON COLLEGE"O ONLINE CALIFORNIA 1 Benefits, Oct. 2009) 000'0IS 000'8$ 000'9S 000S $2,000 $4,000 $6,000 $8,000