Fast Fact

Armand Biroonak's picture

Middle-Income Families Losing Insurance Coverage

Submitted by Armand Biroonak
July 17, 2008

Middle income families losing insurance coverage largely make up the surge of uninsured Americans. For adults with incomes above 200 percent of the federal poverty level (about $42,000 per year for a family), the underinsured rate nearly tripled since 2003.

Source
Cathy Schoen, Sara R. Collins, Jennifer L. Kriss and Michelle M. Doty, "How Many Are Underinsured? Trends Among U.S. Adults, 2003 And 2007," Health Affairs, 27:4. 10 June 2008. http://content.healthaffairs.org/cgi/content/abstract/hlthaff.27.4.w298
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Armand Biroonak's picture

Americans Uninsured Has Increased by Millions

Submitted by Armand Biroonak
July 17, 2008

More and more Americans are uninsured. The number of uninsured in America has increased from 38 million in 2000 to 47 million today, a figure that includes 9 million children.

Source
Carmen DeNavas-Walt, Bernadette D. Proctor, Jessica Smith, "Income, Poverty, and Health Insurance Coverage in the United States: 2006," U.S. Census Bureau. August 2007. http://www.census.gov/prod/2007pubs/p60-233.pdf
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Armand Biroonak's picture

Deductibles and Co-Pays Increase

Submitted by Armand Biroonak
July 17, 2008

Insurance deductibles and co-pays have dramatically increased. Between 2001 and 2005, the average deductible for a conventional fee-for-service health plan increased from $598 to $1,192. During the same period, patients were forced to pay larger co-pays for visits to a doctor and for prescription drugs.

Source
"Average Annual Premium Costs for Covered Workers, 2000 and 2007," Kaiser Slides, Kaiser Family Foundation. 15 April 2008. http://facts.kff.org/chart.aspx?ch=491
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Health Care Premiums Skyrocket

Submitted by Armand Biroonak
July 17, 2008

Health care premiums are skyrocketing. From 2000 to 2007, the cost of employer-sponsored insurance increased from $6,438 to $12,106 for family coverage. Adjusted for inflation, that’s a 56 percent increase to cover a family of four.

Source
"Average Annual Premium Costs for Covered Workers, 2000 and 2007," Kaiser Slides, Kaiser Family Foundation. 15 April 2008. http://facts.kff.org/chart.aspx?ch=491
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Medicare becoming more cost-efficient

Submitted by Eran Lillestrand (not verified)
April 14, 2008

Medicare cost savings rose to $1.2 billion in 2006 from $136 million in 2001

Source
"Fewer Heart Attacks and Related Hospital Admissions Offset Rising Medicare Costs" PR-USA.net, 10 April 2008. http://www.pr-usa.net/index.php?option=com_content&task=view&id=96792&Itemid=9
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Eran Lillestrand's picture

Pharmacy Fraud, Waste, and Abuse Contributes to High Costs for Medicare Part D

Submitted by Eran Lillestrand (not verified)
April 11, 2008

Approximately 1 percent of prescription costs are likely due to fraud, waste, or abuse. This amounts to hundreds of millions of dollars in unnecessary costs for the Medicare Part D program and its beneficiaries.

Source
“Prompt Payment” Mandates Would Raise Costs Due to Pharmacy Fraud, Waste, and Abuse" Pharmaceutical Care Management Association, April 2008. http://www.pcmanet.org/assets/2008-04-10_Research_FINAL%20Fraud%20Detection%20Survey%20Findings%20April%202008.pdf
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Eran Lillestrand's picture

Medicare is a large part of physicians' revenue

Submitted by Eran Lillestrand (not verified)
April 10, 2008

Medicare made up 22 percent of physicians’ revenue in 2006.

Source
"Census Report: Insurance Pays for Most Healthcare," Chiropractic Economics Magazine, December 2007. http://www.chiroeco.com/news/chiropractic-news.php?id=72&catid=52&title=Census%20report:%20Insurance%20pays%20for%20most%20healthcare
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Eran Lillestrand's picture

Medicare out-of-pocket Costs Increase

Submitted by Eran Lillestrand (not verified)
April 8, 2008

Medicare beneficiaries will pay more out of pocket for their prescription drugs next year. The Part D standard benefit deductible will increase from $275 to $295 and the initial coverage limit — the threshold amount shared by the insurance company and the beneficiary — will increase from $2,510 to $2,700.

Source
Larry Lipman, "Part D thresholds increase for 2009," Austin American-Statesman, 8 April 2008. http://www.statesman.com/blogs/content/shared-blogs/washington/medicare_monitor/entries/2008/04/08/part_d_thresholds_increase_for.html
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Eran Lillestrand's picture

With one month of Iraq War funding could have...

Submitted by Eran Lillestrand (not verified)
March 25, 2008

With one month of Iraq war funding we could have bought more than a year’s health insurance for the 4 million children Bush vetoed under SCHIP.

Source
“State Children’s Health Insurance Program (SCHIP): Reauthorization History,” The Kaiser Commission on Medicaid and the Uninsured, January 2008. http://www.kff.org/medicaid/upload/7743.pdf
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Bush's vetoed children's healthcare while defending tax cuts for the wealthy

Submitted by Eran Lillestrand (not verified)
March 25, 2008

Bush vetoed spending $35 billion over five years to provide health care for 4 million children, while defending the tax break that allows billionaire hedge fund operators to pay a lower rate than their receptionists

Source
“State Children’s Health Insurance Program (SCHIP): Reauthorization History,” The Kaiser Commission on Medicaid and the Uninsured, January 2008. http://www.kff.org/medicaid/upload/7743.pdf
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