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Paraprofessional Healthcare Institute :: Return on Investment Calculator
Paraprofessional Healthcare Institute

Return on Investment Calculator: A Tool for Analyzing State Investment in Direct Care Worker Wages

To use this calculator: Please enter your information in the left column and press "Calculate." Your Cost Summary will appear in the orange box at right along with other Benefits below. You can save your senario, compare it to a previously saved senario, or clear the calculator using the buttons.

1.

State

2. Medicaid Match Rates

Federal Match

%

3.

Current Number of Personal Assistance Workers

4.

Current Wage

$

5.

Proposed Wage Increase

$


Total Cost

$
State Cost
  (see detailed financial analysis)
$

Effective Match

%

Workforce Impacts

Projected Number of Personal Assistance Workers

Projected Wage

$

Percentage Increase in Wages

%

Projected Retention Rate

%

Economic Multiplier Benefits

Increase to State Gross Domestic Product

$

Social Benefits

Savings from Reduced Turnover

$

Families Leaving Poverty

Children Leaving Poverty

Numbers of Facility Placements Avoided

Number of New Clients Not Previously Receiving Service



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