Healthcare Becoming More Affordable in Michigan

New data show major improvements in health care access, affordability, and quality in Michigan under the Affordable Care Act.

Michigan families saved $2,600 from slower growth in employer premiums since 2010.

New studies released this week show Michiganians are experiencing slower growth in health care premiums, increased access to coverage, and higher quality of care under the Affordable Care Act (ACA).

  • More Affordable: The average premium for families with employer-sponsored health plans grew just 3.4 percent in 2016, according to the Kaiser Family Foundation and Health Research and Educational Trust survey, extending a period of unusually slow growth since 2010. The White House Council of Economic Advisers calculates that the average family premium in Michigan was $2,600 lower in 2015 than if premiums had grown at the same rate as the pre-ACA decade.
  • Greater Access: Only 6.1 percent of people in Michigan went uninsured in 2015, new Census data show, down from 12.4 percent in 2010. That dramatic drop means 618,000 more Michiganians had coverage in 2015.
  • Better Quality: Hospital readmissions for Michigan Medicare beneficiaries dropped 3.2 percent between 2010 and 2015, according to new data released by the Centers for Medicare and Medicaid Services. In 2015, that drop translates into 1,767 times Michigan Medicare beneficiaries avoided an unnecessary return to the hospital.

“Affordability, access, and quality are how we measure success in the health care system,” said Secretary Sylvia Mathews Burwell. “This week’s data show Michigan is making progress on all three under the Affordable Care Act.”

Making Health Care More Affordable for Michigan Consumers

An independent analysis released this morning by the Kaiser Family Foundation finds that the average family premium for the 150 million Americans with employer-sponsored health plans increased by only 3.4 percent in 2016. Since 2010, the average family premium has increased an average of 4.7 percent per year, compared to 7.9 percent from 2000 to 2010 – a 40 percent reduction in growth.

More details here

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