Today, SEIU's Change that Works campaign released a report on rising health care costs and the value of reform in Iowa. The facts speak for themselves - in a state like Iowa, health care reform is not just about improving the health and safety of Americans, it's also a bottom-line, balance sheet issue. Government, families and businesses large and small stand to save trillions from fixing health care. It will strengthen Iowa's businesses, help us retain jobs, and provide greater access and choices to Iowans in need of care. Below are highlights from the report:
In 2007, Iowa's economy lost as much as $1.2 billion because of the poor health and shorter lifespan of the uninsured. That equates to $4,335 per uninsured Iowa resident. This year, Iowa faces a $484 million projected state budget deficit. This represents 7.6% of state spending. As a result, Iowa has already ordered a hiring freeze on state employees and imposed cuts on higher education.
A snapshot of Iowa's uninsured:
- 686,000 non-elderly Iowans uninsured between 2007-2008
- 41,360 of the uninsured are children.
- 70 Iowa residents lost their heath insurance every day in December 2008 and January 2009.
- 63,036 of the uninsured adults in Iowa are between the ages of 50 and 64, meaning that more than 11% of Maine's aging adults lack health insurance.
On spending:
- 660,000 non-elderly Iowans spend more than 10% of their pre-tax family income on health care costs in 2008.
- Health insurance premiums rose by 72.6% from 2000 to 2007, while median earnings only increase a mere 18.5%
- In 2007, premiums grew 3.9 times faster than wages
- By 2016, projections show that Iowa families will have to pay $21,436 for health care annually.
- If current trends continue, family premiums would spend over 39% of median household income. This represents a 76% increase over 2008 levels.
Download the full report here: http://action.seiu.org/IAreport












