The Affordable Care Act

Similar documents
Strengthening Community Health Centers. Provides funds to build new and expand existing community health centers. Effective Fiscal Year 2011.

The Patient Protection and Affordable Care Act. Implementation Timeline

An Internist s Practical Guide to Understanding Health System Reform

Health Insurance Reform at a Glance Implementation Timeline

The Patient Protection & Affordable Care Act: Next Steps in Maine. February 8,

How To Improve Health Care For All

Implementation Timeline Reflecting the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act

When Reform Will Affect You

PHYSICIANS th St. NW, Suite 800, Washington DC

Ronald Riner, MD. The Riner Group, Inc Pelican Bay Blvd., Suite 210 Naples, FL

March 19, First Street NE, Suite 510 Washington, DC Tel: Fax:

Health Care Reform Update January 2012 MG LILLY USA, LLC. ALL RIGHTS RESERVED

Health Reform and the AAP: What the New Law Means for Children and Pediatricians

Federal Health Care Reform: Implications for Hospital and Physician partnerships. Walter Kopp Medical Management Services

Health Care Timeline by Subject

The meeting was called to order at 5:27 by the Chairman of the Executive Committee, Joseph Szot, M.D.

Health Care Implementation Timeline

The Impact of Healthcare Reform on Pharmacy Practice. Disclosure


Health Care Reform Frequently Asked Questions

Baucus Framework Senate HELP Bill House Tri-Committee Bill President Obama

Hospitals and the Affordable Care Act (ACA)

Timeline of New Health Care Law and Its Impact on American Businesses

Healthcare Reform (ACA) Update Greater Magnolia Chamber of Commerce

Affordable Care Act (ACA) Health Insurance Exchanges and Medicaid Expansion

Summary of Major Provisions in Final House Reform Package

Two Choices. The Affordable Care Act requires every individual to either: 1. Maintain Minimum Essential Coverage, or

Summary of the Major Provisions in the Patient Protection and Affordable Health Care Act

ACA Implementation Timeline

The Affordable Care Act What does it mean to Arkansans? Sandra L. Cook, MPA Consumer Assistance Specialist Arkansas Insurance Department

Senate HELP Committee Affordable Health Choices Act (S. 1679) June 9, 2009 (passed by Committee July 15, 2009)

Timeline: Key Feature Implementations of the Affordable Care Act

Ohio Health Plans. Maximizing best practices & leading reform efforts. Search. Ohio Association of Health Plans

State and Federal Health Care Reform Update. Universal Health Care Foundation of Connecticut

Affordable Care Act 101: What The Health Care Law Means for Small Businesses

Chart: Key employer health care reform elements

Senate-Passed Bill (Patient Protection and Affordable Care Act H.R. 3590)**

Testimony to the Senate Committee on Veterans Affairs and Health S. B February 27, What is an Accountable Care Organization or ACO?

Government Health Care Program Fundamentals

Affordable Care Act 101: What The Health Care Law Means for Small Businesses February 2013

the Affordable Care Act: What Colorado Businesses Need to Know

Section 5: Public Health Insurance Programs

Massachusetts Health Care Reform and Cancer Care. Therese Mulvey, MD Southcoast Centers for Cancer Care February 2010

THE MEDICAID PROGRAM AT A GLANCE. Health Insurance Coverage

HEALTH REFORM AND MULTIEMPLOYER PLAN COVERAGE 2014 AND BEYOND

Health Care Reform Update

Health Care Reform Update. Spring 2014

Presentation for Licensed Producers The Affordable Care Act

How To Compare The Health Care Reform Plan To The Health Insurance Reform Plan From The Health Plan Of A Medicare Plan

The Estimated Effect of the Affordable Care Act on Medicare and Medicaid Outlays and Total National Health Care Expenditures

Key Features of the Affordable Care Act, By Year

HEALTH CARE REFORM FREQUENTLY ASKED QUESTIONS

Updated Estimates for the Insurance Coverage Provisions of the Affordable Care Act

Transcription:

The Affordable Care Act What does it mean for internists? Joshua Becker MD 10/14/2015

VII. 2015 Reforms and Beyond Payment Penalties under Medicare s Pay-for-Reporting Program Value-Based Payment Modifier mplifying Administrative Requirements the Health Care System Imposes on Physicians - 2016 There is a lot in the ACA

There is a lot in the ACA What we will talk about Health Insurance Reforms Medicare/Medicaid Payment Reforms ACOs and Value Based Purchasing Paying for it

Why it came about Increasing Healthcare Costs High Number of Uninsured Outcomes vs Cost Source: Kaiser Family Foundation - JAMA 9/26/2012 308:12 p.197

Medicare Medicaid (MA) MNcare Federally Administered Paid via federal payroll taxes Covers age 65 + and those with disabilities Parts A (hospital) B (medical) D (prescriptions) State and Federal Program Covers those with low income Eligibility and coverage has varied state by state MN State program Covers those with low income - but more than previous medicaid levels Pay premiums and deductible - sliding scale

Who Was Covered Prior to ACA Reform Employer Based Insurance 48% Medicaid 16% 2013 US Population 317 Million Medicare 14% Other Private/Public 6% Uninsured 15% 48 Million Americans

Uninsured 15% 48 Million Americans How does the ACA address them? Change rules for all private insurance Expand Medicaid* Establish Insurance Exchanges (ie. MNSure) Proved Subsidies for Private Insurance (up to 400% FPL) The Individual Mandate Business Mandate (> 50 employees to provide coverage)

Private Insurance Changes 2010 Changes Coverage for Dependents up to Age 26 About 3 million people qualify for this 2014 Changes Guaranteed Issue and Renewability Temporary High-Risk Pools Pre-existing Conditions Exclusions Banned for Children Restricting Annual or Lifetime Dollar Limits on Coverage Prohibiting Coverage Rescissions Justifying Premium Increases Covering Core Preventive Services Medical Loss Ratio at 85% for insurers (rebates) Premiums Cannot be Based on Enrollee Health Status Universal Prohibition on Pre-Existing Condition Exclusions Universal Prohibition on Annual Dollar Limits on Coverage Eliminate Coverage Waiting Periods Essential Benefits Package Parity for Mental Health Benefits

Uninsured 15% 48 Million Americans

Uninsured 15% 48 Million Americans Old Graphic but you get the idea. :)

Supreme Court Decision about the Medicaid Expansion June 2013 - Supreme Court upheld legality of individual mandate But struck down requirement for states to expand medicare 31 States Expanded (including MN)

Medicare Coverage Gap About 4.8 Million People Nationally

Individual Mandated Health Insurance All individuals* are required to carry health insurance or pay a penalty Exemptions from Individual Mandate: Individuals and families below a certain income People who cannot afford the coverage that is available Individuals who have been uninsured for less than three months Members of American Indian tribes People who do not obtain coverage because of religious objection

Expanding Private Insurance Insurance Exchanges Ideally to increase competition for insurers - improve costs Allowed Gov t to provide sliding scale subsidies for those between 137%-400% of the poverty limit Either Federally or State Run exchanges - depending on state Many states and federal site had issues with roll out in 2013

Expanding Private Insurance Minnesota Insurance Exchange www.mnsure.org Medicaid and Minnesota Care Enrollment there as well Business Enrollment through SHOP program Enrollment Nov 15th-Feb15th

Costs in Minnesota

How Well is It Working? Nationally 2014-32 million uninsured, down 9 million since 2014 (kff) - varying numbers widely 11.7 Million on Individual Insurance Market through exchange 87% received a subsidy ~10.8 Million new Medicaid Enrollees Estimate 3 million under expansion of young (<26) being on parents insurance Estimate 12 million have insurance out of insurance market

What about in MN in 2015? 325,000 Minnesotans signed up via MNsure The vast majority landed MA and MNCare (public insurance covers 20% of Minnesotans) About 70,000 signed up for private insurance, about half getting a subsidy 317,000 Minnesotans (5.8%) remain uninsured Nationwide, the uninsured rate fell from 13.3 percent in 2013 to 10.4 percent last year.

Cost Controlling Value Based Purchasing Medicare withholds some payment and only gives it back if we meet certain benchmarks Started in Hospital Pay in 2012 and Outpatient 2013 CMS withholds 1-2% of payment - entity gets it back based on ranking in quality metrics Metrics we are graded on change year to year

Inpatient Metrics Snippet of 44 page list of metrics for Outpatient Care Score Card Pt Satisfaction Scores 2015 new measures Blood Stream Infections More Mortality Markers Medicare Spending per Beneficiary

% change in Hospital Reinfection rates from 2010 to 2013 30 Day Readmission Rates 30-day readmission rates nationally have declined from more than 19.0% to less than 18.0%, equivalent to approximately 150,000 fewer readmissions annually among Medicare beneficiaries

Changes for Primary Care Increased need for PCPs Massachusetts Experience Pay Primary Care More (relatively speaking) Medicaid payments increased to 100% of Medicare rates for 2013-2014 (Federal subsidies to states) Provide a 10% bonus to PCPs in Medicare from 2011 to 2015 Training more PCPs Increase scholarship/grants/loan repayments for primary care Income based repayment in student loans Increase GME residency slots (via redistribution of unused slots) - pref for primary care and general surgery Increased funds for training programs with focus on medical homes

New Funding Models Accountable Care Organizations (ACO) A group of physicians, hospitals and other health professionals that are responsible through contracts with payers for providing a broad set of health care services to their Medicare/Medicaid/Private Insured patients. Different payment model - instead of fee-for-service, groups are paid a stipend to take care of a population. (Capitated Care) Incentive is to increase value and savings are shared between payer and providers Allina had been 1 of 32 participating preliminary Pioneer ACOs nationwide. Can operate with Medical Homes - but different from PCMH

New Funding Models Accountable Care Organizations (ACO) 2 Types in ACA - Pioneer ACOs (2011) and Medicare Shared Savings (2012) New CMS ACO - Next Gen ACOS announced spring 2015 (more risk/more reward) Other payers doing providing similar payment models (BCBS, HealthPartners, etc ) This new arrangement provides flexibility for participating ACO to utilize services not normally reimbursable under Medicare (such as phone consultations or telehealth services.)

ACA Cost to the Government CBO projects $1.36 trillion in expenditures from 2015-2024* Offset by revenues and decreasing health care cost growth - net effect is projected to reduce federal deficit by $109 billion over 10 years (CBO 7/2012) Largest Revenues in ACA (estimated from 2013-2022) Annual Fee on Health Insurers: $102 Billion 10% Tax on Indoor Tanning Services: $2.7 Billion 2.3% Tax on Medical Device Sales: $29 Billion Annual Fee on Makers of Branded Prescription Drugs: High-Cost ( Cadillac ) Health Plan Tax - (starts 2018): $34 Billion $111 Billion Sources: Congressional Budget Office; staff of the Joint Committee on Taxation. (5/2013)

Whew!. Take away points - Largest change in medical payment reform since 1960s - Refer your patients to MNsure website if they don t have insurance or if they potentially qualify for MA/MN care. - Need insurance by Feb 15th, 2015 to avoid penalties. - Payment based on quality measures is here and continues to evolve.