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THE HEALTHCARE CRISIS IS NOT GETTING BETTER

Healthcare Policy Forum 2.15.2026

Rob Stone MD

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Uninsured in the US

Source for data before 2010: Council of Economic Advisers, “Methodological Appendix: Methods Used to Construct a Consistent Historical Time Series of Health Insurance Coverage,” 2014, https://obamawhitehouse.archives.gov/sites/default/files/docs/longtermhealthinsuranceseriesmethodologyfinal.pdf.

Source for data from 2010 – 2021: Early Release Estimates from the National Health Interview Survey, multiple years. Available at: https://www.cdc.gov/nchs/data/nhis/earlyrelease.pdf. Note that there was a change in survey methodology in 2019.

Uninsured (percentage)

4.8 million are projected to lose coverage this year with the expiration of ACA premium subsidies. As the Medicaid cuts in the OBBB phase in, the CBO predicts over 14 million will lose coverage in the next 8 years

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60,000 Hoosiers losing health insurance coverage is expected to lead to 75 preventable deaths per year in Indiana.

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The inability to pay for healthcare in the U.S. has reached a new high, with more than one-third of Americans (35%), or an estimated 91 million people, reporting that they could not access quality healthcare if they needed it today, according to the latest West Health-Gallup Healthcare Affordability Index.

Rates were higher among Black and Hispanic Americans, with 46% and 52%, respectively, reporting that they would be unable to afford quality healthcare.

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Growth of Physicians �and Administrators

Bureau of Labor Statistics; NCHS; Himmelstein/Woolhandler analysis of CPS

Managers shown as moving average of current year and two previous years

Growth since 1970

The average US physician’s practice spends $99,581 annually on billing and costs related to fighting with insurance companies

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Medicare Means

Source: Day, Himmelstein, Broder, Woolhandler – Int. J Health Serv 2014

Updated data from firms’ SEC filings (Q12016)

Overhead = (Premium revenue – Medical Expenses) / Premium Revenues

2016 Medicare Trust Fund Report at https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/ReportsTrustFunds/Downloads/TR2017.pdf

Insurance Overhead

Q1 2016

Stop Wasting Our Money on Bureaucracy

Elevance

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Medicare Means Healthier Americans��

Institute of Medicine. Shorter Lives, Poorer Health 2013

Ranking of US mortality rates by age group among 17 peer countries: Australia, Austria, Canada, Denmark, Finland, France, Germany, Italy, Japan, Norway, Portugal, Spain, Sweden, Switzerland, Netherlands, United Kingdom

USA

Rank in World

1

3

5

7

9

11

13

15

17

0-1

1-4

5-9

10-14

15-19

20-24

25-29

30-34

35-39

40-44

45-49

50-54

55-59

60-64

65-69

70-74

75-79

80-84

85-89

90-94

95-99

Age

Men

Women

Age 65

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The Grand Experiment – �Healthcare in the US and Canada

Sources: Statistics Canada, Canadian Inst. for Health Inf., and NCHS/Commerce Dept.

USA

Canada

Health costs

% of GDP

HMO Act Passed

Canadian Medicare Fully Implemented

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The Grand Experiment – �Healthcare in the US and Canada

Compared to Americans, Canadians now

spend half as much,

have fewer unmet health needs,

and live 3 years longer.

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Slide provided by the late Princeton University healthcare economist Uve Rheinhardt

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“President Donald Trump has been channeling public anger over health care costs, pillorying “money sucking” insurers and alleging that “BIG, BAD Insurance Companies” have been “ripping off the public for years.””

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Warren Buffetat Berkshire Hathaway's annual meeting, May 6, 2017

Healthcare costs are “the tapeworm of American economic competitiveness”

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Daviess Community Hospital in Washington

Memorial Hospital Logansport in Logansport

Community Hospital of Bremen Inc. in Bremen

Ascension St. Vincent Randolph in Winchester

Ascension St. Vincent Jennings in North Vernon

Ascension St. Vincent Clay in Brazil

Ascension St. Vincent Salem in Salem

IU Health Jay Hospital in Portland

Franciscan Health Rensselaer in Rensselaer

Sullivan County Community Hospital in Sullivan

Adams Memorial Hospital in Decatur

Harrison County Hospital in Corydon

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https://dailyjournal.net/2026/02/06/johnson-memorial-health-to-close-maternity-unit-cut-about-48-jobs/

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New York Times 7/21/25

The Big Bill’s trillion dollar Medicaid cuts have NOTHING to do with bringing down overall US healthcare spending. It only slices and dices who pays for what – called cost shifting, while increasing complexity, inefficiency, and overhead costs.

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Single Payer Medicare for All

Improve Medicare

    • Eliminate financial barriers
      • No deductibles, copays, coinsurance, etc.
    • Comprehensive benefits
      • Add coverage for dental, hearing, glasses, etc.

Expand Medicare

    • Include every American, including Congress
    • Eliminates wasteful overhead
    • Negotiated drug prices
    • Creates the largest “risk pool”

Medicare is already paying for and taking care of the oldest, most complicated and expensive patients in our healthcare system, since 1966

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Single Payer Medicare for All�Makes Economic Sense

http://www.pnhp.org/facts/single-payer-system-cost Accessed 2/25/2017

https://dignityandrights.org/2019/05/253-economists-sign-letter-backing-medicare-for-all/

20 of 22 studies:

The savings would

fund full coverage.

253 economists:

“The time is now for

Medicare for All.”

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For context, the OBBB Trump tax cuts for the rich (The Epstien Class) will cost $3.3 trillion. And it increased the ICE budget by $70 billion.

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November 14-17, 2025 survey of 1,207 US likely voters

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Where Do We Start?

PNHP’s 2nd major anti-profiteering target:

Medicaid Managed Care

  • Amelia Smith, MS and M2
  • Gita Lakshminarayanan M3/PhD Candidate

More information at: medicareforallindiana.substack.com

Who knew that for-profit insurance giants like United Healthcare and Anthem/Elevance were profiting from Indiana’s Medicaid program?

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The time is right to remove insurance companies from Medicaid.But States Have “Other Options”

Deprivatize Medicaid

– or –

Reduce funding for other state programs

Cut services

Cut eligibility

Cut reimbursement rates

Raise state taxes

De-Privatization or Dis-Intermediation or Removing the Middleman

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Removing insurance companies from Medicaid has Over a Decade of Proven Success

https://www.connecticutifs.com

“The Insurance Capital of the World”

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Deprivatization Reduces Spending

https://cthealthpolicy.org/medicaid-switch-from-mcos-saving-taxpayers-billions/ (average annual 2012 - 2020 propagated to 2025)

https://www.nber.org/system/files/working_papers/w33302/w33302.pdf

Connecticut (2012-2025)

    • Deprivatized Medicaid in 2012
    • Immediately began reducing expenses
    • “Our state has literally saved billions in unnecessary MCO overhead…”

- Christopher G. Donovan,

CT House Speaker, 2009-2013

CT Medicaid Spending

per member per month

$750

$700

$650

$600

$550

2012

2014

2016

2018

2019

2012-2024 tiny Connecticut

saved $4 Billion

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https://pnhp.org/removing-the-middlemen-from-medicaid/

Most states would each save hundreds of millions of dollars per year.

All state savings combined: up to $34 billion in 2023.

Federal savings: up to $43 billion in 2023.

All states + federal savings: up to $77 billion in 2023.

Indiana:

Can save up to

$340 million

per year this way

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PNHP.ORG

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MedicareForAllIndiana@gmail.com

MedicareForAllIndiana.substack.com

Prescription for Healthcare – WFHB Bloomington Community Radio WFHB.ORG and Apple Podcasts

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