. . . just a brief newsletter/blog this holiday week.
The Congressional Budget Office (CB)) assessment of the new American Health Care Act is in. Some highlights include:
- Reduction of federal deficit by $119 billion
- 23 million people would be added to the ranks of the uninsured by 2026
- Savings from reductions in outlays in Medicaid and from replacing Affordable Care Act subsidies for nongroup health insurance with new tax credits
- Average premiums may be lower in part because the insurance, on average, would pay for a smaller proportion of health care costs
- Average premiums would depend in part on any waivers granted to states and on how those waivers were implemented
- “Over time, it would become more difficult for less healthy people (including people with preexisting medical conditions) in those states [requesting waivers] to purchase insurance because their premiums would continue to increase rapidly. In particular, out-of-pocket spending on maternity care and mental health and substance abuse services could increase by thousands of dollars in a given year for the nongroup enrollees who would use those services.” (quote from the CBO report)
(“CBO: 23 Million Would Lose Insurance Under ACA Repeal Bill,” AHLA Weekly, May 26, 2017)
iProtean subscribers, the advanced Mission & Strategy course, When the Dust Settles, featuring Marian Jennings and Dan Grauman, is in your library. Marian and Dan discuss the complexities of moving to a value-based healthcare organization, key features necessary to ensure the board and leadership stay ahead of the curve, the importance of thoughtful and thorough assessment of options available to the organization, the risks inherent in new investments and changes in board recruitment and development.
Coming soon: the advanced Finance Course, Financial Risks & Strategic Implications of APMs, featuring Marian Jennings and Seth Edwards. In this course, Ms. Jennings discusses the importance of social determinants of health in a population health management strategy.
For a complete list of iProtean courses, click here. www.iprotean.com/index.php/iprotean/onlineCourses/Available_courses