By NextBestFitJobs: Third-party administrators & claims adjusting (health share)
TPAs administer self-insured employer plans, and those plans end.
Result
−$6.5B
Per resident, per year
−$19
÷ 341.1M people
Per household
−$49
÷ 132.2M households
How it's calculated
| # | Step | Arithmetic | Value |
|---|---|---|---|
| 1 | Employed today | 126,960 | |
| 2 | Share displaced | 80% | |
| 3 | Jobs displaced | 126,960 × 80% | 101,568 |
| 4 | Average annual wage | $64,000 | |
| 5 | Annual wages lost (before reemployment and transition support) | 101,568 × $64,000 | −$6.5B |
Trade-off: Accepted under the plan's ground rules; cushioned by the worker transition program and hiring preference at UHA.