HEALTH CAREREFORMWHAT IT

MEANS FOR YOU

WHY DID WE NEED HEALTH CAREREFORM?

WHAT DID WE WIN?

MYTHS AND LIES

WHAT’S NEXT

QUIZ

How many additional Virginianswill get insurance under

the new law?

a. 240,000b. 750,000c. 1.2 milliond. 5 million

How many additional Virginianswill get insurance under

the new law?a. 240,000b. 750,000c. 1.2

milliond. 5 million

How many small businessesin Virginia will potentially

get the tax credits providedunder the new law?

a. 10,000b. 48,000c. 50,000d. 102,000

How many small businessesin Virginia will potentially

get the tax credits providedunder the new law?

a. 10,000b. 48,000c. 50,000

d. 102,000

How many Virginia seniorswill benefit from the

improvements in Medicare?

a. 50,000b. 70,000c. 1.1 milliond. 4 million

How many Virginia seniorswill benefit from the

improvements in Medicare?

a. 50,000b. 70,000

c. 1.1 milliond. 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 WILLWE GET?

Seniors andthe disabled

Pay full drug costs afterIncurring $3,600 in

Medicare Part D Plans

SENIORS

$250 REBATEThis Year

Seniors andthe disabled

CHILDRENDENIED

COVERAGE

DROPPEDBECAUSE YOU’RE

SICK

ANNUAL &LIFETIME

LIMITS

GUARANTEEOF HEALTHSECURITY

SMALL BUSINESSES

102,600 SMALL BUSINESSES IN Virginia WILL GET TAX CREDITS TO COVER THEIR EMPLOYEES

SMALL BUSINESSTAX CREDITS

< 25 EMPLOYEESAVERAGE WAGES: < $50K

SMALL BUSINESSTAX CREDITS

UP TO 35%

SMALL BUSINESSTAX CREDITS

2014 – 50%

LARGE EMPLOYERS

50+ EMPLOYEES

MAY PAY A FEE IF THEYDON’T OFFER COVERAGE

LARGE EMPLOYERS

< 50 EMPLOYEES

CAN USE EXCHANGES

EXCHANGES

Affordable for Individuals and

Businesses

PREMIUMCREDIT

$88,000FAMILY OF 4

2014 - $95 or 1%

2016 - $695 or 2.5%

FEE FOR CHOOSINGNOT TO BE COVERED

LIMITOUT-OF-POCKET

COSTS$6K – INDIVIDUALS

$12K - FAMILIES

MAMMOGRAMS

COLONOSCOPIES

ANNUAL WELLNESSVISIT

WASTE

FRAUD

ABUSE

IMMIGRANTS

EXCHANGES

MYTHSANDLIES

IT’S AGOVERNMENT

TAKEOVER

MYTH:

BUILDS ON THECURRENT SYSTEM

OF PRIVATEINSURANCE

TRUTH:

NEWRULES

FOR PRIVATEINSURANCE

TRUTH:

MYTH:MEDICARE BENEFITS

WILL BE CUT

BUDGET REDUCTIONS AFFECT INSURANCE

COMPANIES ANDPROVIDERS

TRUTH:

THE NEW LAWINCREASESMEDICAREBENEFITS

TRUTH:

NEXTSTEPS

Alan BrinkleyColumbia University Historian