Sunday, June 28, 2015

Obamacare and Pittsburgh

Just a question for someone else to try and answer... but fivethirtyeight.com says: The Supreme Court’s Obamacare Decision Is Already Worth $3 Billion For Insurers

Begs a Pittsburgh question... What is the Obamacare decision worth to Pittsburgh's economy?  Maybe a bit more holistically....  What will the Affordable Care Act mean to the Pittsburgh economy in the long run?  Seems like one of those things someone should have looked at by now?

If only Mr. Windle was a nurse and not a teacher, there would be some better PR on this.



3 Comments:

Anonymous MH said...

I'd think the demographic adjustment coming when the numbers of elderly start* to decline is going to be a bigger factor that Obamacare.

*Or continue. I can't remember where we are on the curve of Baby Boomer death-watching.

Monday, June 29, 2015 8:35:00 PM  
Blogger joe said...

As I recall, our absolute numbers of elderly won't be declining in any of our working lives, even with the relative "absence" of boomers in the Diaspora who moved away '77-'87. For the next fifteen years we'll have many, many more 65-75 yrs olds visible on our streets. Our absolute number of 85+ yr olds will level off during that time period, then climb as the boomers get seriously old circa 2030.

In terms of the ACA and impact on the Pittsburgh region, the bigger deal was/is the Medicaid expansion. That year when Medicaid could have been expanded (but wasn't) cost the region $X?

And to a lesser extent, the haircut(s) to the Medicare Advantage program that hit the major insurers (who weathered it just fine).

Still wishing in this new era of population health we could have a serious accounting re: how much could be saved on the health benefits that are baked in to city/county retirement liabilities IF we managed to get healthier as a region. Must be some way to borrow against those future savings and invest them in things that making aging in commmunity more possible/plausible.

Tuesday, June 30, 2015 10:19:00 PM  
Anonymous MH said...

I stopped smoking several years ago, if that helps.

Wednesday, July 01, 2015 9:25:00 AM  

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