Magnifying the voices of Americans abroad back home
INTRODUCTION �TO MEDICARE PORTABILITY
Review of Medicare
Identify the Issues for Overseas Americans
Challenges Facing Medicare
Overview and Progress of MP
REVIEW OF MEDICARE
Medicare is the federal health insurance program for
People 65+
Certain younger people with disabilities
People with End Stage Renal Disease
MEDICARE PARTS A & B
Medicare Part A – Hospital Insurance
Medicare Part B – Medical Insurance
IDENTIFY THE ISSUES FOR OVERSEAS AMERICANS
CHALLENGES FACING MEDICARE�
Medicare is not self sustaining and must find cost saving measures
Outsourcing services to foreign countries with equivalent medical care at lower costs could be a source of cost savings for Medicare
MP FEASIBILITY STUDY TO MEASURE COST SAVINGS
The Cost of Common Chronic Conditions in Older Adults
High Potential for Cost-Savings through Medicare Abroad Pilot Program
(Pilot Program figures based on 15,000 participants per country)
Procedure Costs | Ave. US Cost | Ave. S. Korea Cost | Ave. Israel Cost |
Heart Disease (heart bypass) | $123,000 | $24,000 | $28,000 |
Cancer (prostatectomy) | $32,684 | $4,442 | $9,644 |
Alzheimer's Disease (annual) | $25,213 | $8,824 | $14,420 |
Ischemic Stroke | $53,307 | $7,247 | $14,246 |
MP FEASIBILITY STUDY TO MEASURE COST SAVINGS
The Cost of Common Chronic �Conditions in Older Adults
High Potential for Cost-Savings through �Medicare Abroad Pilot Program�
(Pilot Program figures based on �15,000 participants per country)
South Korea Pilot Program | Estimated Patients | Total Cost Savings |
Heart Disease (heart bypass) | 90 | $8,910,000 |
Cancer (prostatectomy) | 510 | $14,403,757 |
Alzheimer's Disease (annual) | 1,380 | $22,617,469 |
Ischemic Stroke | 165 | $7,599,837 |
| | $53,531,063 |
MP FEASIBILITY STUDY TO MEASURE COST SAVINGS
The Cost of Common Chronic �Conditions in Older Adults
High Potential for Cost-Savings through �Medicare Abroad Pilot Program�
(Pilot Program figures based on 15,000 participants per country)
Israel Pilot Program | Estimated Patients | Total Cost Savings |
Heart Disease (heart bypass) | 90 | $8,550,000 |
Cancer (prostatectomy) | 510 | $11,350,303 |
Alzheimer's Disease (annual) | 1,380 | $14,894,340 |
Ischemic Stroke | 165 | $6,445,078 |
| | $41,639,721 |
PROGRESS
Authorizing language for pilot included in FY22 Appropriations Bill
Working with House, Senate, WH & HHS to move Pilot forward.
PROGRESS
Chronic Diseases – S. Korea/Israel
2 pivotal studies showing need and cost savings (the survey results)
Survey of ~5K Americans Overseas
Need 2-4 Million Americans
PROGRESS
Slow progress with CMMi/CMS
HHS – Technical Assistance / CBO Score
CMMi/CMS - Medicare Advantage Plan for Pilot
Stand Alone Bill for Pilot – House Ways & Means
WHAT CAN �YOU DO?
Research, Write, Social Media
Join MPTF
Contact Legislators
HOW DO YOU GET INVOLVED?