Medicaid Savings Could Surpass $59 Billion
WASHINGTON and NEW YORK, Sept. 1 /PRNewswire-USNewswire/ -- Expanding health centers to reach an additional 20 million patients as part of national health reform would result in overall health care savings of $212 billion over the ten-year period 2010 to 2019, including federal Medicaid savings of $59 billion. The dollar value of these expected savings far exceeds the cost of the health center investment of $38.8 billion called for in the July 14 version of the House health reform bill. These findings are contained in a new study entitled "Using Primary Care to Bend the Curve: Estimating the Impact of a Health Center Expansion on Health Care Costs," conducted by faculty and staff at The George Washington University School of Public Health and Health Services and funded through the Geiger Gibson/RCHN Community Health Foundation Research Collaborative.
This research brief, the third in a series examining the link between national health reform proposals and community health centers, estimates the cost savings that would be realized by making important investments in non-profit health centers as an element of national health reform. The brief makes several key findings:
Sara Rosenbaum, Hirsh Professor and Chair of the Department of Health Policy at GW, said, "These estimates underscore the importance of simultaneous investments in both health insurance reform and health center expansion funding to create sustainable primary care for medically underserved communities."
"The direct federal investment in health centers needs to go hand in hand with insurance expansion for low income patients," added Julio Bellber, president and CEO of the RCHN Community Health Foundation. "Together they can create an economic engine that will allow us to extend the high quality, primary healthcare home model to all communities."
The savings projected under the study reinforce the premise that health insurance coverage expansions, coupled with investments in the nation's primary health care infrastructure, can spur high quality and sustainable primary health care in medically underserved rural, urban and suburban communities while simultaneously bending the health care cost curve.
The report is available at:
About the RCHN Community Health Foundation
The RCHN Community Health Foundation (RCHN CHF) is a New York-based not-for-profit operating foundation dedicated to supporting and benefiting community health centers (CHCs) in New York state and nationally. The Foundation develops and supports programmatic and business initiatives related to community health center access, pharmacy and health information technology through strategic investment, research, outreach, education, and coalition building. For more information about RCHN CHF, visit www.rchnfoundation.org.
About The George Washington University Medical Center
The George Washington University Medical Center is an internationally recognized interdisciplinary academic health center that has consistently provided high-quality medical care in the Washington, DC, metropolitan area for 176 years. The Medical Center comprises the School of Medicine and Health Sciences, the 11th oldest medical school in the country; the School of Public Health and Health Services, the only such school in the nation's capital; GW Hospital, jointly owned and operated by a partnership between The George Washington University and Universal Health Services, Inc.; and the GW Medical Faculty Associates, an independent faculty practice plan. For more information on GWUMC, visit www.gwumc.edu.
All news releases available online at www.gwumc.edu/mccm
|SOURCE George Washington University|
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