Update
from The Wisconsin Health Project
We are pleased to announce the completion of the Lewin Group’s
economic impact analysisof our health care reform proposal – The
Wisconsin Health Plan (WHP). The Wisconsin Health Project worked
in cooperation with nearly 20 business, labor, farm, and consumer
groups over the past year to commission and guide the development
of the Lewin report.
A summary highlighting the major findings is attached to this
email, and the full report is available at:
thewheelerreport.com/releases/June07/june6/0606healthplanreport.pdf
Highlights
from the Lewin Report
The Number of Uninsured
The uninsured population would drop from nearly 476,000 to
17,000 individuals under the WHP, meaning that more than 99%
of all Wisconsinites would have health care coverage under
this proposal.
Reduced Health Care Costs
The report projects $8.9 billion in savings under the WHP over
a 10-year period (2007-2017) compared to current spending in
our health care system. In the first year of the program, Lewin
estimates $186 million in savings due to the central purchase
of prescription drugs, $406 million in savings due to reduced
insurance administration, and $403 million resulting from incentives
for price competition in the health care marketplace.
Change in Health
Expenditures for Wisconsin Families
Compared to current annual expenditures, average family spending
would decline by $1,448 for premiums and $191 for out-of-pocket
spending. Families with incomes below $50,000 would see net reductions
in family health spending averaging up to $1,000 per family.
Reduced Costs
for Insuring Employers
Small insuring employers, such as farmers and self-employed
individuals, would see a significant reduction in health insurance
costs – estimated
at nearly $1000 per insured employee. Public/ government employers
would see health insurance costs reduced by $1.1 billion, providing
opportunities for significant property tax relief. Private insuring
employers would see health insurance costs reduced by $44 million,
which is an average savings of $24 per worker.
Reduced Costs for
Taxpayers
Due to the reduced costs for health care for public employers,
the WHP would provide opportunities to dramatically reduce property
taxes for businesses and individuals by nearly $1 billion. The
current proposal suggests $550 million in property tax relief
for households and $416 million in property tax relief to businesses.
There would also be a projected $495 million reduction in costs
for government safety net programs such as local public health
services, resulting from the fact that the uninsured population
is virtually eliminated.
A revised version of the Wisconsin Health
Plan will be re-introduced in the Wisconsin Legislature in the
coming weeks.
The Wisconsin Health Project is also very excited
to announce the launch of our new website: www.wisconsinhealthplan.org.
We have updated the site to make it easier for you to access
information about our proposal, upcoming events, and ways to
get involved and support our efforts.
As always, we encourage
you to contact your state legislators and local media to express
your support for comprehensive health care reform. We welcome
any opportunity to discuss the details of the Wisconsin Health
Plan with individuals and organizations. Feel free to share our
proposal with colleagues and interested parties, and do not hesitate
to contact me if you would like to schedule a meeting or presentation
in your community.
Lisa Ellinger
The Wisconsin Health Project
414-534-4521
www.wisconsinhealthplan.org
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