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
16
Embed
Mission: To promote responsible and equitable fiscal policies through research and education Joy Smolnisky, Director 808 N. West Ave., Sioux Falls, SD.
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
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