October 4, 2006

GETTING AHEAD OF THE CURVE:

State saves by picking up health-care tab (Kyung M. Song, October 4, 2006, Seattle Times)

As a single mother of six, with four sons still at home, Roberta Reynolds once feared she couldn't afford to keep health coverage for herself with her state job at Peninsula Community Health Services in Aberdeen.

Reynolds' $39,000 annual income was low enough to get her four youngest sons covered by Medicaid, the government health plan for the poor. But Reynolds still had to buy her own coverage.

Then the state did some simple math: Medicaid was spending $320 a month for the boys. Yet it would cost only $238 a month to cover all four of them — and their mother, too — through her employer's Regence BlueShield plan. Now Medicaid repays Reynolds for that entire monthly premium to Regence, and her family is covered. [...]

Nationally, the average total premium for family health coverage is $11,484 a year, more than some people earn in wages, according to a survey released in September by Kaiser Family Foundation and Health Research and Education Trust.


Spend a little more to put them all in HSAs and by the time the kids are adults and when Ms Reynolds retires they'll have considerable wealth stored up, which will save the State money in the long run.

Posted by Orrin Judd at October 4, 2006 12:00 AM
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