Transcript Employers` Coalition on Medicare What is the Employers Coalition

Employers’ Coalition on
Medicare
Employers’ Coalition on Medicare
Employers’ Role
 Employer-based insurance covers more than 175 million
Americans
 Cost of employer-based health insurance premiums rose
12.7% from 2000 to 2001
 Cost of employer-based health insurance expected to rise
by at least 15% in 2003
 By 2020, the number of individuals in the 55 to 65 age
group is expected to increase by 75%, and by 2030, those
over age 65 are expected to double
Employers’ Coalition on Medicare
Sources of Drug Coverage for Medicare
Beneficiaries, 1999
11%
Medigap
25%
No Drug
Coverage
Employer30%
Sponsored
40.4 million
Medicare
beneficiaries
Medicaid
Other
Medicare
Public
HMO
4%
14%
Employers’ Coalition on Medicare
16%
Source: CBO.
Issues in Designing a
Prescription Drug
Benefit for Medicare.
October 2002.
Percentage of Medium/Large Firms
Offering a Retiree Health Plan to Active
Employees
Source: Watson Wyatt
Research Report
2002. Retiree Health
Benefits: Time to
Resuscitate?
Employers’ Coalition on Medicare
What is the Employers Coalition
on Medicare?
 Group of 41 companies and 17 associations
representing employer interests
 Collective voice of employers who support
access to quality health care and prescription
drugs for Medicare beneficiaries
Employers’ Coalition on Medicare
Member Companies
3M Company
Bank of America
Cargill, Incorporated
Case New Holland Inc.
Caterpillar Inc.
Coors Brewing Company
Cox Enterprises, Inc.
Cummins Inc.
DaimlerChrysler
Deere & Company
Delphi Corporation
The Dow Chemical Company
Eastman Kodak Company
Fisher Scientific International Inc.
Ford Motor Company
General Dynamics Corporation
General Motors Corporation
Goodyear Tire & Rubber Co.
Hewlett-Packard Company
Honeywell
Employers’ Coalition on Medicare
International Paper Company
IBM
Jostens
Kellogg Company
Lucent Technologies, Inc.
Monsanto
Motorola
Peabody Energy Co.
Pitney Bowes
PPG Industries, Inc.
RAG American Coal Holdings, Inc.
Raytheon
Rohm and Haas
SBC Communications
Sears, Roebuck and Co.
Southern Company
Sprint
Texas Instruments
The Timken Company
UPS
Verizon
Member Associations
American Benefits Council
American Chemistry Council
The Business Roundtable
Corporate Health Care Coalition
Employer Health Care Alliance Cooperative
ERISA Industry Committee (ERIC)
Financial Executives International
Food Marketing Institute
International Mass Retail Association
National Association of Manufacturers
National Mining Association
National Retail Federation
National Rural Electric Cooperative Association
LPA, the HR Policy Association
Printing Industries of America
U.S. Chamber of Commerce
Washington Business Group on Health
Employers’ Coalition on Medicare
Employers’ Coalition on Medicare
Principles
1)Be Linked to Reform – A drug benefit
should be established in the context of
comprehensive reform of the Medicare
program:
•
•
Plan design & delivery
Reimbursements & payment to providers
•
Information sharing & disclosure
Employers’ Coalition on Medicare
Employers’ Coalition on Medicare
Principles
2) Provide Universal Access to Prescription
Drugs – All Medicare beneficiaries should
be eligible for drug coverage subsidized by
Medicare
•
•
•
•
Coordinated with employer coverage
Administered privately
Affordable coverage
Beyond catastrophic expenses
Employers’ Coalition on Medicare
Employers’ Coalition on Medicare
Principles
3) Provide Flexible Options – Medicare should
be primary, but allow employers and
beneficiaries the option to supplement
Medicare coverage without penalty or
additional financial liability.
•
•
•
•
Employers to offer supplemental health coverage
Employers to subsidize the premiums
Employers to serve as the primary source of coverage
Individuals to purchase high quality health care coverage
Employers’ Coalition on Medicare
Outlook
House:
 Mark-up in Ways and Means???
Senate:
 Committee action slated for week of June 7
 Floor action to follow
Employers’ Coalition on Medicare