Mission: To promote responsible and equitable fiscal policies through research and education Joy Smolnisky, Director 808 N. West Ave., Sioux Falls, SD 605-367-9667 [email protected]http://sdbpp.org Funded through a grant from the Northwest Area Foundation Medicaid Expansion – a South Dakota Decision
Mission:. Medicaid Expansion – a South Dakota Decision. To promote responsible and equitable fiscal policies through research and education. Joy Smolnisky, Director 808 N. West Ave., Sioux Falls, SD 605-367-9667 [email protected] http://sdbpp.org - PowerPoint PPT Presentation
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Mission:
To promote responsible and equitable fiscal policies through research and education
Joy Smolnisky, Director 808 N. West Ave., Sioux Falls, SD 605-367-9667 [email protected]://sdbpp.org
Funded through a grant from theNorthwest Area Foundation
NO YESSusan’s income is TOO LOW to Mary’s HIGHER income isqualify for federal subsidies eligible for federal subsidies.(below 100% FPL) and too high Her insurance premium costto qualify for SD Medicaid will be less than $310 a year.
SCENARIO #3 (without Medicaid expansion)
Bob & Cathy Nick & Deb Olsen Hansen
The Olson Hansen families each have two children, ages 6 months and 3 years old. Each dad works full time while mom is home taking care of the children.
Olson family earnings Hansen family earnings$10.90/hour $11.15/hour(98% FPL) (101% FPL)
Can these parents get affordable health insurance?
NO YESBob’s income is TOO LOW to Nick’s HIGHER income makes bothqualify the parents for federal subsidies parents eligible for federal subsidies(below 100% FPL) and too high Their insurance premium costto qualify the parents for SD Medicaid. will be less than $500 a year.
November 2012 Kaiser Commission Estimates (million)
1 yr cost 1 yr cost 10 yr cost 2016 2022 2013-2022
SD: $ $1 $ 36 $157 % 0.3% 5% 2.9%
Fed: $ $214 $307 $2,110 % 25.9% 25%22.8%
*Table 6,7, & 8 Kaiser Commission on Medicaid and the uninsured. “Cost and Coverage implication of the ACA Medicaid Expansion National and State-by-state Analysis” November 2012