Colorado Health Care Reform …

                      Colorado Health Care Reform                                                 Colorado Health Care Reform
Improved Coverage & Cost Savings of Single Payer Insurance*                       Improved Coverage & Cost Savings of Single Payer Insurance*
Single Payer Health Insurance ­ The only health care reform capable of            Single Payer Health Insurance ­ The only health care reform capable of
halting the multiple cost-shifts due to fragmented, administratively wasteful     halting the multiple cost-shifts due to fragmented, administratively wasteful
commercial multi-payer health insurances. Single Payer ­ `public payer,           commercial multi-payer health insurances. Single Payer ­ `public payer,
private provider' ­ replaces more than 20 percent overhead costs of profit-       private provider' ­ replaces more than 20 percent overhead costs of profit-
centered health insurance with 5 percent overhead for quality-centered            centered health insurance with 5 percent overhead for quality-centered
health coverage. It is the only transparent, accountable, sustainable and truly   health coverage. It is the only transparent, accountable, sustainable and truly
universal health care, capable of providing true choice of doctors/providers      universal health care, capable of providing true choice of doctors/providers
and hospitals.                                                                    and hospitals.

Colorado Health Services Single Payer Proposal                                    Colorado Health Services Single Payer Proposal
·      The only proposal evaluated by the Lewin Group in 2007                     ·      The only proposal evaluated by the Lewin Group in 2007
       demonstrating both reduced state health costs ­ $1.4 billion ­ and                demonstrating both reduced state health costs ­ $1.4 billion ­ and
       comprehensive health coverage for all Colorado residents.                         comprehensive health coverage for all Colorado residents.

Single Payer Cost Savings to the people of Colorado (over $4 billion):            Single Payer Cost Savings to the people of Colorado (over $4 billion):

Health cost savings to businesses                      $2.34 billion              Health cost savings to businesses                      $2.34 billion
·      Freed from the cost of providing employee health insurance,                ·      Freed from the cost of providing employee health insurance,
       businesses compete on equal footing in the global marketplace.                    businesses compete on equal footing in the global marketplace.
·      Employees have higher effective take-home wages.                           ·      Employees have higher effective take-home wages.
·      Consumers save added costs of goods and services due to business           ·      Consumers save added costs of goods and services due to business
       costs of health plans (e.g. over $1500 added cost of a US-made car).              costs of health plans (e.g. over $1500 added cost of a US-made car).

Health cost savings to Colorado families                $187 million              Health cost savings to Colorado families                $187 million
·      Families pay less in a progressive tax than current costs of               ·      Families pay less in a progressive tax than current costs of
       premiums, copays and deductibles for commercial health insurance.                 premiums, copays and deductibles for commercial health insurance.

Cost savings to providers (26%)                           $669 million            Cost savings to providers (26%)                           $669 million
·      Eliminates providers' cost of extra office help to handle different        ·      Eliminates providers' cost of extra office help to handle different
       paperwork of multiple private insurers ­ preauthorization /                       paperwork of multiple private insurers ­ preauthorization /
       credentialing requirements; changing drug formularies, etc.                       credentialing requirements; changing drug formularies, etc.
·      Eliminates insurance middlemen in `Denial Management' hired to             ·      Eliminates insurance middlemen in `Denial Management' hired to
       deny or renig on reimbursements, at additional $20 billion annual                 deny or renig on reimbursements, at additional $20 billion annual
       cost. Reportedly 30 percent of doctors' claims are denied the first               cost. Reportedly 30 percent of doctors' claims are denied the first
       time, requiring repeat appeals. (Wall Street Journal 2-14-07)                     time, requiring repeat appeals. (Wall Street Journal 2-14-07)

Cost savings to hospitals (9.8%)                      $322 million                Cost savings to hospitals (9.8%)                      $322 million
·      Hospitals will no longer experience unpaid medical bills due to            ·      Hospitals will no longer experience unpaid medical bills due to
       uninsured/underinsured, costs passed to consumers and taxpayers.                  uninsured/underinsured, costs passed to consumers and taxpayers.

Savings - Prescription Drugs/Durable Medical Goods $322 million                   Savings - Prescription Drugs/Durable Medical Goods $322 million
·      Only the CHS proposal permits bulk purchase of drugs/equipment.            ·      Only the CHS proposal permits bulk purchase of drugs/equipment.
*Cost savings from Lewin Group 2007 evaluation of CHS Single Payer Proposal       *Cost savings from Lewin Group 2007 evaluation of CHS Single Payer Proposal

More Info: www.HealthCareforAllColorado.org                                       More Info: www.HealthCareforAllColorado.org