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The Challenges with Medicaid Expansion in Virginia
The Virginia Free Citizen ^ | 1/23/14 | Kate Miller

Posted on 01/23/2014 7:33:42 AM PST by RightSideNews

As healthcare reform occurs throughout the nation, Virginians voice their opposition to Medicaid expansion. Funding Limitations

The promised levels of Federal funding for Medicaid expansion cannot be fulfilled.

The evidence is mounting. Paul Ryan, chairman of the House Budget Committee, recently stated that funds will not be available for Medicaid expansion.

Medicaid ExpansionThe funding streams for expansion have been greatly impacted by the disastrous roll-out of the ACA. The federal government has recently refused to pay what they promised to Indian tribes for medical services. Health insurance companies are guaranteed a bailout because not enough young people are singing up for health insurance. President Obama ignored the law eight times to try to save the ACA.“If the federal government can ignore its contractual obligations, its own statutes and its own Supreme Court, then it certainly can ignore its own funding formulas too,” Richmond Times-Dispatch columnist Bart Hinkle stated. The Cost in Virginia-In the outlying years, Medicaid expansion will bankrupt Virginia.Chmura Economics & Analytics estimated that Medicaid costs for Virginia will be just under $200 million per year in 2020.

If the reimbursement rate goes to 50 percent, the estimated cost to Virginia is two billion dollars per year, quickly consuming any savings between 2014 and 2016. The 50 percent match is likely to occur because President Obama has already suggested a “blended” reimbursement rate between 50 percent and 100 percent (see Medicaid time bomb). Currently, the Virginia legislature has no plan to deal with the budget shortfall when the 100 percent reimbursement begins to ratchet down in 2017. It would be extremely shortsighted for the legislature to consider expanding Medicaid until the hard decisions are made to address these budget challenges.

(Excerpt) Read more at virginiafreecitizen.com ...


TOPICS: Business/Economy; Government; News/Current Events; US: Virginia
KEYWORDS: exchanges; government; healtcare; medicaid; medicaidexpansion

1 posted on 01/23/2014 7:33:42 AM PST by RightSideNews
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To: RightSideNews

Train wreck in the offing with Casey (Obama) Jones at the throttle.


2 posted on 01/23/2014 7:46:24 AM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: RightSideNews
RE :”Currently, the Virginia legislature has no plan to deal with the budget shortfall when the 100 percent reimbursement begins to ratchet down in 2017. It would be extremely shortsighted for the legislature to consider expanding Medicaid until the hard decisions are made to address these budget challenges.”

Although states like Ohio taking the medicaid free $$$ could just stop when the Federal government cuts funding to below some %, say 80% to make a number up.

Its more of a problem for GOPs in congress who want to repeal or defund it when states take the $$, because Dems will blame the GOP and use it against House members elected by that state.

3 posted on 01/23/2014 8:21:11 AM PST by sickoflibs (Obama : 'If you like your Doctor you can keep him, PERIOD! Don't believe the GOPs warnings')
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To: RightSideNews

Not to worry, Virginia
You elected Terry McAwful as your governor (now you can’t turn up your noses at Maryland anymore)
I’m sure he’ll be all over this expansion of the welfare rolls

after all he’s a big jobs creator, ask the folks who invested in global crossing


4 posted on 01/23/2014 8:59:09 AM PST by silverleaf (Age takes a toll: Please have exact change)
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