In 2015, Texas led the nation in the percentage of people who lacked health insu
ID: 3059241 • Letter: I
Question
In 2015, Texas led the nation in the percentage of people who lacked health insurance (21.6% of the population) [Ref: https://www.texmed.org/Template.aspx?id=42282]. It is known that, nationally, 5% of patients account for 50% of the costs of healthcare. These are the “high cost” patients
Assume* that:
Being a high cost patient and being uninsured are independent characteristics
Insured and uninsured people become “patients” at the same rate
The uninsured and high cost patients in Texas are evenly distributed across the state, and that high cost patients are evenly distributed across insured and uninsured patient populations
What is the probability that a patient in a Texas healthcare facility will be a high cost patient who is uninsured
Explanation / Answer
In 2015, Texas led the nation in the percentage of people who lacked health insurance (21.6% of the population) [Ref: https://www.texmed.org/Template.aspx?id=42282]. It is known that, nationally, 5% of patients account for 50% of the costs of healthcare. These are the “high cost” patients
Assume* that:
Being a high cost patient and being uninsured are independent characteristics
Insured and uninsured people become “patients” at the same rate
The uninsured and high cost patients in Texas are evenly distributed across the state, and that high cost patients are evenly distributed across insured and uninsured patient populations
What is the probability that a patient in a Texas healthcare facility will be a high cost patient who is uninsured
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